The round was led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. The funding follows a year of explosive growth, with Crossmint's subscription revenue increasing by 1,100% in 2024.

Crossmint is an all-in-one platform for companies building onchain. Trusted by 40,000+ enterprises and developers, including major enterprises like Red Bull and Adidas, Crossmint gives companies their entire blockchain backend in just a few lines of code. Their suite of products includes wallets-as-a-service, which companies can embed on their sites or apps, tokenization, payments, onchain credentials, and other essential building blocks. Supporting 40+ different blockchains, Crossmint makes it easy for companies to leverage blockchain rails and create experiences accessible by mainstream users.