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Etherfuse

Can a tokenized sovereign bond platform become the go-to cross-border FX and yield infrastructure layer for fintechs and remittance companies operating between the US and Mexico?

Founded2019
HQIrvine, California, United States
FoundersDavid Taylor (CEO & Co-Founder), AJ Taylor (CTO & Co-Founder)
Total raised$3.0M
Latest roundSeed, July 2024
IndustryFintech / Crypto
The story

Founded in 2019 as a blockchain-based financial infrastructure company, Etherfuse initially focused on democratizing access to sovereign debt instruments through tokenization (Stablebonds). In 2024 it secured a landmark CNBV regulatory determination and a $3M seed round, cementing its position as the only Mexican blockchain company with that regulatory clarity. In early 2026 it expanded beyond yield products into FX infrastructure with Sovereign Coins and Etherfuse FX, shifting toward becoming a cross-border money movement layer for fintechs and remittance companies operating between the US and Mexico. The embedded finance angle is clear: Etherfuse sells its blockchain-native FX rails and KYC/KYB onboarding infrastructure as a B2B API to neobanks and transfer companies.

Last 12 months
2026-03
Product timeline
2019
Etherfuse founded, integrating traditional finance with blockchain technology.· pivot
2023
Launched Stablebonds — tokenized sovereign bonds backed by CETES, US Treasuries, UK Gilts, and others — on Solana and Stellar blockchains.· banking
2024
Received CNBV Resolution P090/2024 confirming Etherfuse Tokens do not require authorization under Mexican securities law, a unique regulatory position in Mexico.· banking
2024
Raised $3M Seed round led by White Star Capital and North Island Ventures.· acquisition
2026
Launched Etherfuse FX — USD/MXN cross-border conversion infrastructure at 1/10th of traditional banking costs, targeting fintechs and remittance companies.· banking
Regulated entities
CNBV Resolution (non-securities token determination)
Mexico (CNBV) · 2024
Etherfuse Liquid Mx, S.A.P.I. de C.V.
The stack
Crypto
Brale
Accounting gap: none