Pantera leads $25m round in Coinflow to scale up stablecoins

Chicago-based stablecoin startup Coinflow has raised a $25 million Series A round led by Pantera Capital.

Stablecoins are increasingly attracting investor attention. On Wednesday, October 8, Chicago-based stablecoin startup Coinflow secured a $25 million Series A round. The funding round, led by Pantera Capital, featured prominent VCs including Coinbase Ventures, Jump Capital, CMT Digital, and The Fintech Fund.

Coinflow secured its funding amid significant growth. The firm reported 23x revenue growth since 2024, with multi-billion-dollar annual transaction volume across more than 170 countries. According to the firm, this growth is driven by demand for instant payments that reduce fraud risk.

“Payment systems are still stuck in a patchwork of local networks, riddled with delays, fraud, and unnecessary costs,” said Daniel Lev, co-founder and CEO of Coinflow. “Coinflow solves this by unifying global rails into one instant, secure settlement layer. Our Series A funding will enable us to scale that vision globally and cement our role as the world’s next-generation PSP.”

Pantera sees growing demand for stablecoin payments

The global stablecoin market is seeing rapid growth, partially due to a demand for cross-border payments. This market will surpass $320 trillion by 2032, according to a report highlighted by Ryan Barney, partner at Pantera Capital.

“Coinflow is redefining the payments category by delivering something no other provider can: instant global payments and payouts without the fear of fraud or chargebacks,” said Ryan Barney, Pantera Capital. “With the market for cross-border payments projected to exceed $320 trillion by 2032, the opportunity is massive. Coinflow is uniquely positioned to capture that growth and become the default payment infrastructure for the future.”