Stablecoin infrastructure company Checker has completed $8 million in financing, with participation from Galaxy Ventures and others

The stablecoin infrastructure startup Checker announced the completion of an $8 million pre-seed and seed funding round, with participation from Galaxy Ventures, Al Mada Ventures, Framework Ventures, Bitso, Airtm, DFS Lab, Onigiri Capital, SNZ Capital, and Velocity.

The project's main business is to help financial institutions launch and scale stablecoins and related products by providing a single API. It is reported that Checker has processed over $3 billion in transaction volume in the past 12 months and plans to use the new funds to expand its network of financial institutions to Brazil, Kenya, Hong Kong, and the United States, while also planning to launch AI agents for customer onboarding, compliance assessments, and treasury operations.