Inside Codex’s plan to build a stablecoin-only settlement layer for payments in Africa
TechCabal - Aug 27, 2025
Codex raised $15.8 million in a seed round led by Dragonfly Capital to build a blockchain focused solely on stablecoins. The startup aims to streamline cross-border payments in Africa, where traditional transactions are often slow and costly.
The fintech replacing banks in cross-border payments, one stablecoin at a time
TechCabal - Jun 24, 2025
Conduit raised a $36 million Series A round led by Dragonfly Capital, increasing total funding to $53 million. The company claims to process over $10 billion in annual transaction volume for more than 5,000 merchants globally.