""If you have a money app, a finance app, how do you actually get the money in and out? That's what we do really well.""
""If you think about where value lives, where value is held, there's many, many, many trillions of assets that all live in databases or live on paper today, and over the next 20 years, we'll see all of those assets move.""
Fun, a startup founded by Alex Fine, raised $72 million to enhance payment systems for crypto and fiat transactions. The Series A funding was led by Multicoin Capital and SignalFire, following a $3.9 million seed round in 2022. Fun aims to enable users to deposit and withdraw funds without relying on traditional exchanges or banks. Fine believes that blockchains will replace outdated financial systems, predicting a significant shift of assets from databases and paper to digital formats over the next two decades.
Read at Fortune
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