Catenaa, Friday, Mach 28, 2025-Enterprise blockchain firm Crossmint last week announced that it had raised $23.6 million in a funding round led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, Lightspeed Faction, and HF0.
The funding will support the expansion of AI-powered blockchain tools and Web3 infrastructure.
Crossmint simplifies blockchain adoption for businesses and developers, offering tools for digital wallets, payments, and tokenization.
The company claims over 40,000 businesses and developers utilize its platform, with subscription growth surging 1,100% in the past year. It also supports over 40 blockchain networks.
In February 2024, Crossmint acquired NFT payments platform Winter and introduced a cross-chain payment solution, expanding its enterprise offerings.
With this funding, Crossmint aims to enhance AI-driven agent infrastructure and develop enterprise-grade blockchain solutions, positioning itself as a key player in the Web3 ecosystem.
