Ubyx | Crypto

Barclays has invested in Ubyx, a US stablecoin clearing platform, marking a major move into regulated digital money and tokenized financial services. Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company. The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims to connect regulated issuers with banks and fintech companies. Barclays did not disclose the size of the investment. “As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly,” said Ryan Hayward, head of digital assets and strategic investments at Barclays. Read more

Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025. Ubyx, a new stablecoin clearing platform that aims to jumpstart stablecoin adoption by enabling redemption at face value, has closed a $10 million seed funding round backed by several major crypto investors. The funding round was led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, VanEck, Paxos and others, according to a Tuesday announcement. The startup plans to launch its platform in the fourth quarter of 2025. The service will allow regulated banks and fintechs to redeem stablecoins directly for fiat at par value, aiming to reduce friction in stablecoin usage and encourage broader adoption. Read more