Exchanges· ★★★· bullish·

Mike Cagney's Navra raises $19M Series A led by Ribbit Capital

  • —The $19 million round closed on October 6, 2026, led by Ribbit Capital
  • —Baseline, DCM, Jump Crypto and Figure Technology Solutions also participated
  • —Figure is the first blockchain partner, bringing its Democratized Prime protocol and YLDS stablecoin
  • —A limited rollout for retail and institutional design partners is planned for late October
Why it matters: The white-label approach could give institutions a compliant on-ramp to DeFi, potentially accelerating traditional capital inflows into blockchain infrastructure.
Source: Crypto Briefing
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