Bloquo raised more than R$20 million in a Seed round. Crescera Capital and Triaxis Capital co-led the investment. The Brazilian fintech builds stablecoin payment infrastructure for companies and financial institutions.
Use of funds
Lattice Capital and angel investors also participated. The round is Bloquo's first institutional venture capital investment. The capital will support technology, regulation, and platform expansion.
Company roots and traction
Bloquo was founded in 2024 by former Transfero executives and co-founders. The team previously helped create BRZ, the first stablecoin pegged to the Brazilian real. The company reports 125 active institutional clients and US$2 billion in annualized volume.
What the platform does
Bloquo integrates liquidity, foreign exchange, compliance, and technology in one platform. It plans liquidity provisioning, payments orchestration, and white-label VASP infrastructure as three business lines. The model lets banks, exchanges, and payment providers offer stablecoin products to clients.
Bloquo has operations in Brazil and the United States. The company plans to open new payment corridors and expand its banking partner network. It has also requested authorization from Brazil's central bank to operate as a virtual asset broker.
Read more: valor.globo.com