Fun has raised $72 million in Series A funding, led by Multicoin Capital and SignalFire.

Huoxun Finance reports that payment infrastructure startup Fun has announced the completion of a $72 million Series A funding round, led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. Fun primarily provides cryptocurrency and fiat currency deposit and withdrawal infrastructure to platforms such as Polymarket, Lighter, and Aave, processing over $18 billion in payments annually. The company plans to use the new funding to expand its existing team of approximately 30 people.