Foreign exchange startup XFX raises $17 million to help businesses go between cash and stablecoins

Exclusive: Foreign exchange startup XFX raises $17 million to help businesses go between cash and stablecoins

Date: March 26, 2026, 8:00 AM ET
Reported by: Ben Weiss, Crypto Reporter

XFX, a foreign exchange startup, has successfully secured $17 million in funding to assist businesses in managing transactions between cash and stablecoins. This capital infusion is anticipated to bolster the company's capacity to deliver seamless financial solutions within an increasingly digital economy.

The financing round is expected to support XFX's growth strategy, allowing the company to expand its services in order to meet the evolving demands of businesses as they navigate the complexities of digital currencies. This funding is particularly noteworthy in the current landscape, where companies are actively seeking dependable methods to integrate traditional finance with emerging cryptocurrency markets.

At the helm of the company are co-founders Jason Losh, Alberto Sánchez Tello, and Santiago Alvarado, who are dedicated to fostering innovative solutions in the realm of foreign exchange.