Bastion, a regulated stablecoin infrastructure provider, announced it has exceeded $40 million in total funding to date following a $14.6 million strategic financing round. The most recent funding round is led by Coinbase Ventures, with participation from Sony Innovation Fund, a16z crypto, Samsung Next and Hashed. The strategic financing round will support adoption of Bastion's product offerings, which provide enterprises and financial institutions the tools to issue, hold and utilize stablecoins at scale within their ecosystems in a way that is efficient, safe, and fully compliant.