PANews reported on June 17 that according to official news, institutional-level cross-border settlement platform XFX announced the completion of a US$9.1 million sub-round of financing, led by HAUN Ventures, with participation from Castle Island Ventures, Oak HC/FT, MAYA Capital, Coinbase Ventures, Paxos and Bitso.

According to reports, XFX is an institutional-level cross-border settlement platform that supports real-time and transparent flows of fiat currencies and stablecoins.