Citi Ventures Invests in BVNK, Valuing Stablecoin Firm at Over $750M

Citi Ventures, the investment arm of Citigroup, has taken a strategic position in BVNK, a stablecoin infrastructure provider, pushing the company's valuation beyond $750 million. The undisclosed investment underscores growing institutional confidence in blockchain-based payment solutions.

BVNK's platform enables businesses to execute cross-border transactions using stablecoins, addressing inefficiencies in traditional finance. The deal aligns with a broader trend of major financial institutions exploring digital asset infrastructure as regulatory clarity improves in key markets like the U.S.

Despite early-stage financial challenges, BVNK projects profitability by 2026. The funding round positions the company to capitalize on accelerating institutional adoption of stablecoins for global settlements.