Coinbase Leads Bastion’s $14.6M Stablecoin Raise

Bastion – a regulated stablecoin infrastructure provider – has announced the completion of a $14.6 million strategic funding round, bringing its total raised capital to over $40 million. The round comes as demand for compliant digital asset solutions from enterprises continues to grow rapidly.

The investment was led by Coinbase Ventures, with participation from Sony Innovation Fund, a16z crypto, Samsung Next, and Hashed. The new funding will accelerate Bastion’s expansion of its stablecoin-as-a-service platform, which enables enterprises and financial institutions to issue, manage, and utilize stablecoins within regulatory frameworks.

CEO and co-founder Nassim Eddequiouaq stated: “Bastion is growing to meet the demand for regulated stablecoin infrastructure from some of the world’s largest enterprises.”

Headquartered in New York, Bastion operates under a NYDFS trust charter and additional state licenses, positioning it to support major corporations seeking compliant access to digital asset markets. The platform manages the entire stablecoin lifecycle, including issuance, reserve management, liquidity provision, and regulatory compliance.

According to Shan Aggarwal, Chief Business Officer at Coinbase: “Trusted digital asset infrastructure is the foundation for building scalable digital financial products that enterprises increasingly seek.”

The funding highlights growing institutional momentum in the stablecoin sector, where companies are looking for enterprise-grade solutions that eliminate regulatory hurdles. Bastion offers branded stablecoin issuance, custodial wallet services, and seamless fiat on-ramps without requiring additional licenses.

Austin Noronha, Managing Director at Sony Innovation Fund, emphasized Bastion’s compliance-first approach: “Their focus on compliance, security, and product innovation is setting the industry standard for stablecoin solutions.”

In parallel, Bastion has strengthened its leadership team with new appointments: Jared Klee (Head of Revenue), Vince Tejada (Head of Treasury & Strategic Finance), Beth Gibson (General Counsel), and Rohan Kohli (Chief Risk & Compliance Officer).

This expansion comes as stablecoin adoption accelerates across traditional finance and enterprise applications. Key markets have introduced clearer regulatory frameworks, driving demand for infrastructure providers that can enable compliant digital asset integration.

COO and founding member Caroline Friedman noted: “The momentum around stablecoins is undeniable. This strategic round will propel Bastion into its next phase of growth, powering the future of enterprise stablecoin technology at scale.”

The company also indicated that additional funding commitments are underway, signaling continued investor confidence in regulated digital asset infrastructure providers.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.