Big news in the blockchain space! Crossmint, one of the leading blockchain technology companies, just raised a whopping $23.6 million in a funding round led by Ribbit Capital. Heavyweights like Franklin Templeton, Nyca, First Round, and Lightspeed Faction also jumped in on the action. This major investment highlights the growing demand for blockchain solutions that don’t require deep technical expertise.
In a press release shared with Cryptonews, Crossmint revealed a massive 1,100% increase in subscription revenue over the past year. With more businesses looking to invest into cryptocurrency and leverage blockchain, Crossmint’s approach makes it easier than ever to go onchain without needing blockchain engineers, crypto holdings, or third-party integrations.
What makes Crossmint stand out? It allows companies to integrate blockchain solutions with just a few lines of code. Whether it’s wallets, tokenization, payment onramps, or transactions, businesses can access blockchain-powered tools seamlessly.
For everyday users, the experience feels just like using a regular web application—offering features like FaceID authentication, email sign-ups, and even zero gas fees. With a focus on accessibility, Crossmint is making blockchain adoption frictionless for both businesses and consumers.
Crossmint isn’t just attracting small startups—big brands like Adidas and Red Bull have already adopted the platform. More than 40,000 companies and developers are using Crossmint to streamline their blockchain operations across industries like finance, supply chain management, and retail.
Rodri Fernandez, co-founder of Crossmint, shared his thoughts on the company’s momentum: “We’re seeing adoption across every sector. Publicly traded fintechs are using Crossmint to integrate stablecoins and launch global financial products, while Fortune 500 companies are leveraging it to prevent counterfeiting and improve supply chain transparency.”
Looking ahead, Crossmint is diving deep into AI-powered commerce. The company is developing infrastructure for AI agents that can make transactions, purchase goods, and trade digital assets autonomously. With AI for crypto trading becoming a hot topic, blockchain is emerging as the perfect foundation for secure and seamless machine-driven transactions.
To support this vision, Crossmint provides essential tools like wallets, payment solutions, and credential APIs. The company also maintains GOAT SDK, an open-source blockchain library for AI agents, which has been downloaded 150,000 times in the last two months.
“AI agents are reshaping commerce,” said Alfonso Gomez-Jordana, co-founder of Crossmint. “Soon, they’ll manage everyday tasks like grocery shopping or personal styling. Traditional payment systems weren’t built for AI, but blockchain provides the perfect solution. Crossmint is building the infrastructure for this next evolution.”
Zack Rosen from Ribbit Capital praised Crossmint’s vision: “Crossmint has demonstrated its ability to unlock new revenue streams and drive cost efficiencies for major brands. They’re shaping the future of onchain finance, and we’re excited to support them as they expand AI and blockchain solutions.”
With this new funding, Crossmint plans to enhance its offerings, making blockchain adoption even easier for businesses and developers. Whether you're looking for the best cryptocurrency wallet, the best crypto to invest in, or a blockchain development company that simplifies integration, Crossmint is proving to be a major player in the space.
If you're considering blockchain solutions or wondering about the best cryptocurrency to buy, Crossmint’s innovations are a glimpse into the future of onchain commerce. Stay tuned for more updates as they continue to push the boundaries of blockchain and AI-driven finance!
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