TechFlow News, March 26: According to Fortune, XFX, a foreign exchange trading startup enabling stablecoin transactions, has closed a $17 million funding round led by Castle Island Ventures, with participation from Haun Ventures and Coinbase Ventures. Santiago Alvarado, Co-Founder and CEO of XFX, declined to disclose the company’s valuation in this round. XFX currently allows customers not only to exchange between stablecoins but also to convert among three fiat currencies: the U.S. dollar, the Mexican peso, and the Colombian peso.
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