Dakota Stablecoin Bank has secured $12.5 million in Series A funding led by CoinFund, 6th Man Ventures, and Kraken's Triton Ventures to expand banking-like services using stablecoins.
Amount Raised
$12.5 Million
Round Type
Series A
BoulderFinanceFintechBlockchainCryptocurrencyLendingBankingInvestors
Description
Dakota Stablecoin Bank has successfully secured $12.5 million in Series A funding. This investment will bolster Dakota's position in the fintech sector by integrating stablecoin transactions with traditional banking frameworks. Founded by former Coinbase executive Ryan Bozarth, Dakota aims to facilitate fund transfers using stablecoins. The company is targeting to process $4 billion in transactions by 2025, focusing on both corporate and retail clients.
Quick answer
Dakota raised $12.5 Million in a Series A round, dated July 15, 2025. Investors: Coinfund, 6th Man Ventures and Kraken's Triton Ventures. Dakota is based in Boulder, Colorado, United States.
- How much did Dakota raise?
- Dakota raised $12.5 Million in a Series A round on July 15, 2025.
- Who invested in Dakota?
- Coinfund, 6th Man Ventures and Kraken's Triton Ventures are named as investors in this round.
- What does Dakota do?
- Dakota Stablecoin Bank is focused on expanding banking-like services using stablecoins and facilitating fund transfers through these digital assets.
- Where is Dakota based and how big is it?
- Dakota is based in Boulder, Colorado, United States. Fundz records about 13 employees.
- Who are the decision-makers at Dakota?
- Fundz holds 1 contact at Dakota. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Dakota that raised within 45 days of this round, from Fundz verified event records.
- Noah raised an undisclosed amount on August 27, 2025.
- Digital Asset Acquisition raised $135M (Funding Round) on June 24, 2025.
- Nakamoto raised $52M on June 19, 2025.
- Hyperion Defi, Inc. raised $50M (Post-IPO Equity) on June 18, 2025.
- Noah raised $22M (Seed) on June 10, 2025.
- Amdax raised $23M (Funding Round) on August 29, 2025.
Who to call at Dakota, and when
A new round usually means Dakota is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dakota raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dakota, from your own LinkedIn network
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Funding Insights
What this usually meansDakota raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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