{
  "id": 12813642,
  "title": "London’s IMMIX secures €3.12 million to build FX infrastructure for stablecoin payments beyond the US dollar",
  "url": "https://urgent.news/2026/10/08/londons-immix-secures-3-12-million-to-build-fx-infrastructure-for",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T07:11:43.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/10/londons-immix-secures-e3-12-million-to-build-fx-infrastructure-for-stablecoin-payments-beyond-the-us-dollar/"
  },
  "original_language": "en",
  "account": null,
  "summary": "London-based AI-native trading firm IMMIX has secured €3.12 million ($3.5 million) in funding to build FX infrastructure for stablecoin payments beyond the US dollar. The round, led by Crane Venture Partners, BTSE, and Portfolio Ventures, follows a €2.5 million ($2.7 million) Seed round in late 2023 led by MassMutual Ventures with participation from Ripple Ventures. IMMIX aims to reduce the cost and complexity of stablecoin FX, especially outside the dollar market, where fewer buyers and sellers are available, leading to stacked costs that can erode margins. The company's solution involves acting as a principal on both sides of the trade, collapsing multiple FX legs into a single, directly priced transaction. The new funding will be used to develop IMMIX's AI-powered pricing engine, expand liquidity, and grow its partner distribution network.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}