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Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure
Citi Ventures has announced a strategic investment in BVNK, the global stablecoin infrastructure platform. The move follows recent backing from Visa, Haun Ventures, Tiger Global and other top-tier investors highlighting the shift toward digital asset-based infrastructure.
“Stablecoins are seeing increased interest in use for settlement of on-chain and crypto asset transactions,” said Arvind Purushotham, Head of Citi Ventures. “We were impressed by BVNK’s enterprise-grade infrastructure, and their proven track record.”
BVNK’s platform processes over $20 billion annually for global enterprises and payment service providers. The company serves as the stablecoin infrastructure provider for industry leaders including Worldpay, Flywire and dLocal, providing a full-stack solution for businesses at every stage of their stablecoin journey.
“This investment reinforces our mission to accelerate the global movement of money,” said Jesse Hemson-Struthers, Co-Founder and CEO of BVNK. “Our platform enables companies to harness stablecoins to move money quickly across borders and launch innovative financial products with enterprise-ready security and compliance.”
The strategic investment comes as regulatory clarity emerges globally with frameworks like the GENIUS Act in the United States enabling banks to issue stablecoins.
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EXCLUSIVE: “Freedom Calling” – Timur Turlov, Freedom Holding Corp in ‘The Paytech Magazine’
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