Web3 onboarding solutions provider Transak has secured $16 million in a strategic funding round aimed at accelerating the company’s mission to expand blockchain adoption globally. The investment will be used to enhance its infrastructure, scale operations, and strengthen partnerships across key markets.
Powering Seamless Web3 Access
Transak offers a developer-friendly platform that enables users to buy, sell, and swap crypto assets directly within apps and websites. Its API and SDK solutions allow businesses to integrate fiat-to-crypto onboarding in over 160 countries, supporting multiple payment methods.
With the new funding, Transak plans to expand its payment rails, add more local currencies, and improve transaction efficiency, making Web3 access faster and more accessible.
Meeting Growing Web3 Demand
As decentralized applications (dApps), NFTs, and DeFi platforms gain momentum, the demand for smooth onboarding solutions is at an all-time high. Transak’s infrastructure bridges the gap between traditional finance and blockchain, allowing users to enter the crypto ecosystem without friction.
The company’s services are already used by major Web3 projects, including MetaMask, Trust Wallet, and Aave. By simplifying compliance, KYC processes, and payments, Transak is helping reduce barriers for mainstream adoption.
Global Expansion Goals
The strategic round will fuel expansion into emerging markets, where crypto adoption is rising due to financial inclusion needs and currency instability. Transak aims to strengthen its presence in Asia, Africa, and Latin America while enhancing service reliability for its global user base.
Additionally, the company plans to invest in regulatory compliance and security to ensure its platform meets global standards as crypto regulations evolve.
Driving the Next Phase of Web3 Growth
The funding reflects growing investor confidence in infrastructure providers that enable the next generation of Web3 applications. By scaling its technology and global reach, Transak is positioning itself as a key player in making blockchain-based services mainstream.
