Foresight Ventures Invests $50M Into Stablecoin Infrastructure
Foresight Ventures Invests $50M Into Stablecoin Infrastructure. Photo By Mathias Reding On Unsplash.
Foresight Ventures has announced that it is investing $50M into stablecoin infrastructure projects in a new fund, according to its press release.
The digital asset VC has revealed it is counting big on the implementation of stablecoins across the entire stack over the next few years, having already supported a vast range of successful companies, including Ethena, Codex, Agora and many others.
Commenting on the announcement, Managing Partner Alice Li expressed:
“Stablecoins are no longer peripheral — they are fast becoming the backbone of modern payments. With this dedicated fund, we aim to accelerate their integration into the traditional financial framework in a way that is seamless, compliant, and scalable, enabling mass adoption worldwide.”
In this particular fund, the focus will be spread throughout the different areas of stablecoin innovation, including issuance and orchestration, tools for scaling RWA tokenisation to public chains, merchant sending and receiving, improving global FX and more.
Note: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
This article has been partly researched and aggregated with the help of AI and does not pertain to be an exclusive story unless marked as such. For specific sources referenced, please find it below.