Stablecoin Clearing Startup Ubyx Raises $10 Million to Tackle Market Fragmentation

Catenaa, Thursday, June 26, 2025-Ubyx, a London-based startup founded by ex-Citigroup executive Tony McLaughlin, has raised $10 million in seed funding to develop a global stablecoin clearing system aimed at streamlining the fragmented stablecoin market. The round was led by Galaxy Ventures and backed by Coinbase Ventures, Founders Fund, Paxos, VanEck, and others, the company […] source: https://investors.catenaa.com/news/stablecoin-clearing-startup-ubyx-raises-10-million-to-tackle-market-fragmentation