Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding

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What to know:

  • Crossmint, the blockchain fairy godmother, just snagged $23.6 million in funding. 💰✨
  • They’re on a mission to make blockchain as easy as pie—if pie were made of wallets, tokenization, and payments. 🥧💳
  • And guess what? They’re also whipping up a recipe for AI-driven commerce. Because why not let robots handle our shopping? 🤖🛒

So, Crossmint, the blockchain infrastructure firm that’s basically the cool kid on the block, has raised a whopping $23.6 million. 🎉

With over 40,000 users (yes, that’s more than your average coffee shop), they’re simplifying blockchain adoption like it’s a Sunday morning hangover cure. Big names like Adidas and Red Bull are already on the bandwagon, transitioning their operations on-chain. 🚀

And let’s not forget their ambitious plans for AI-driven commerce. They’re providing wallets and payment APIs for AI agents. Because who wouldn’t want a robot to do their grocery shopping? 🍏🤷‍♀️

“AI agents are reshaping commerce. Soon, they’ll be managing our lives—grocery shopping, personal styling, you name it,” said Alfonso Gomez-Jordana, co-founder of Crossmint. “Traditional payment systems weren’t designed for AI agents—but blockchain is.” Talk about a plot twist! 📜🔄

Ribbit Capital led the investment round, with a star-studded cast of investors including Franklin Templeton, Nyca, First Round, and Lightspeed Faction. Because who doesn’t want to be part of the next big thing? 🌟

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2025-03-18 20:57