According to The Block, stablecoin infrastructure startup Checker has raised a total of $8 million in pre-seed and seed funding, with Galaxy Ventures, Al Mada Ventures, and Framework Ventures as lead investors. Checker stated that over the past 12 months, it has processed more than $3 billion in transaction volume and serves more than 30 regulated financial institutions globally. The company plans to use the new funds to expand into Brazil, Kenya, Hong Kong, and the United States, and to launch settlement financing tools along with AI agents for account opening, compliance assessments, and fund management.
Checker Completes $8M Funding to Expand into Multiple Markets
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Summary
Checker has raised $8 million in pre-seed and seed funding, marking a significant funding update for the stablecoin infrastructure startup. Galaxy Ventures, Al Mada Ventures, and Framework Ventures led the round. The company reported over $3 billion in transaction volume over the past 12 months, serving more than 30 regulated institutions. The funds will support expansion into Brazil, Kenya, Hong Kong, and the U.S., along with the development of new settlement financing tools and AI-powered agents for compliance and onboarding. The move also suggests potential new token listings as Checker scales its global operations.
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