CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise

In brief

• Trace Finance raised a $32 million Series A round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, and more.
• The funding comes as Brazil reclassifies cross-border crypto flows as foreign-exchange operations, pushing institutional volume toward bank-grade providers…