Stablecoin Platform Launches by Ex-Coinbase Execs

Dakota Launches Programmable Stablecoin Platform for Fintechs

• Dakota, founded by former executives from Coinbase, Square, and Airbnb, has introduced a platform enabling fintechs and enterprises to integrate regulated stablecoin-based money movement via APIs.
• The platform aims to address the slow and costly nature of cross-border transactions by offering scalable global payments infrastructure across jurisdictions.
• Companies can embed payments, treasury, and payouts using stablecoins, ensuring compliance with US and European standards.
• Dakota is a registered Money Services Business in the US with active state licenses and is obtaining an EMI and CASP in Europe.
• The firm raised $12.5 million in a Series A funding round led by CoinFund in July 2025.

Dakota’s new platform facilitates the integration of programmable stablecoin payments for fintechs, enhancing global transaction efficiency while maintaining compliance with regulatory standards. The company’s recent $12.5 million funding round supports its expansion efforts.