Gauntlet Raises $125 Million in Series C Led by SBI Holdings to Scale Stablecoin Infrastructure
Gauntlet has raised $125 million in a Series C funding round led by SBI Holdings as sole investor. The capital will support building infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings.
The yield curation firm was last valued at $1 billion in 2022, when it raised about $24 million in a Series B round. The company stated that institutions are moving onchain, positioning its quantitative guardrails to scale capital deployment.
From the sources (2 posts)
@gauntlet_xyzWe've closed a $125M Series C led by SBI Holdings. The capital will support building our infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings. As institutions move onchai
@theblockcoTHE BLOCK: Tarun Chitra's Gauntlet has raised $125 million in a Series C funding round, with SBI Holdings as the sole investor. The crypto yield curator was last valued at $1 billion in 2022, when it raised about $24 million in a Series B