Foreign exchange startup XFX raises $17 million to help businesses go between cash and stablecoins

AI Briefing

• – Foreign exchange startup XFX raises $17 million to help businesses go between cash and stablecoins.
• – Castle Island Ventures led the round, with participation from Haun Ventures and Coinbase Ventures.
• – XFX aims to provide a more accessible and reliable way for businesses to convert between traditional currencies and stablecoins.