Fun.xyz

Fun.xyz

Cross-chain wallet API for DeFi payments

Overview

Fun.xyz provides APIs and infrastructure to build cross-chain decentralized wallets on the Odsy Network. Developers integrate wallet APIs and protocols to enable secure, interoperable wallets that manage cross-chain transfers and payments within Odsy. It specializes in Odsy Network wallet infrastructure and dWallet tooling, focusing on developer tools and cross-chain payments rather than generic wallets. Its goal is to enable a tokenized world with seamless cross-chain wallet experiences for developers and businesses on Odsy.

About Fun.xyz

Simplify's Rating
Why Fun.xyz is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Fintech

Crypto & Web3

Company Size

51-200

Company Stage

Series A

Total Funding

$82.9M

Headquarters

San Francisco, California

Founded

2022

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Simplify's Take

What believers are saying

  • Arcus partnered with Fun on July 29, 2026 for deposit and withdrawal infrastructure.
  • Fun says it processes over $20 billion annually with 99.999% success.
  • Fireblocks named Fun among stablecoin acceptance competitors on June 9, 2026.

What critics are saying

  • Fireblocks compared Fun against Mesh and Swapped Connect on June 9, 2026.
  • Fun's own docs admit every integration requires engineers, blocking self-serve growth.
  • Odsy's failure would strand Fun's original wallet thesis and wipe differentiation.

What makes Fun.xyz unique

  • Fun powers every deposit and withdrawal on Polymarket, announced on Fun.xyz August 4, 2026.
  • Its July 24, 2026 orchestration SDK unifies cards, bank transfers, crypto, and regulated partners.
  • Multicoin Capital co-led Fun's $72 million Series A on May 1, 2026.

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Funding

Total Funding

$82.9M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$72M
Fun.xyz

Benefits

Health Insurance

Flexible Work Hours

Remote Work Options

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Wellness Program

Mental Health Support

Phone/Internet Stipend

Home Office Stipend

Conference Attendance Budget

Professional Development Budget

Stock Options

Company Equity

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-9%
Arcus
Jul 29th, 2026
Arcus partners with Fun on deposit and withdrawal infrastructure.

Arcus partners with Fun on deposit and withdrawal infrastructure. Jul 29, 2026 You spot a trade you want to make, but your funds aren't where you need them. They're on another exchange, another chain, or still in your bank. So before you can act, you first need to bridge, swap, deposit, and then wait. And somewhere in that sequence, the move is gone. It's one of the most frustrating ways to lose a trade, not because you were wrong, but because your funds couldn't get there in time. Yet it happens often, and to the best of Arcus. Arcus x Fun partnership. Today, Arcus is announcing its partnership with Fun, the deposit and withdrawal infrastructure powering funding across the platform. Fun collapses the sequence into a single step: whatever you hold, wherever it sits, arrives as USDG in your Arcus account, ready for spot Stock Tokens or Equity Perpetuals trading. * Fund any way you want: deposit with a card, a bank transfer, crypto from any major chain, or straight from an exchange like Coinbase. * Your funds arrive in USDG: whatever you send is converted and bridged automatically, with no spread on most local currency conversions. * Free in, free out: Zero fees on USDG deposits and withdrawals, and Arcus adds nothing on top of any third-party network costs. * Self-custody in and out: Fun never holds your balance. Funds move from your wallet to your Arcus account and back, never into a shared pool. * One address, one flow: Every funding path is routed through the same flow inside Arcus, settling to the same account on Robinhood Chain. This isn't convenience at the margins. Deposit friction is invisible right up until it costs you an entry, and every venue that leaves it unsolved is quietly asking traders to run their own logistics operation before they can express a view. Fun removes that job entirely. "In the future, all value will live on-chain. Stablecoins disrupted access to a stable store of value, and tokenized equities will be 10x larger than stablecoins. For the first time ever, users around the world can access Western markets - a consumer in Argentina, Turkey, or Vietnam can now buy into the S&P 500, Apple, Tesla, and more. The Arcus team is among the top builders in this space, and we're humbled to support them on this globally impactful journey." - Alex Fine, Founder & CEO, Fun Why Fun. Fun is the payments infrastructure behind the next generation of on-chain trading venues: fiat and crypto rails, multi-chain orchestration, and trading-grade settlement. It powers every deposit and withdrawal on Polymarket, the world's largest prediction market. The track record reflects the design: over $20 billion in annual volume, $1 million trades settled in under five seconds, and a success rate above 99.999%. For a venue like Arcus, those aren't vanity metrics. Funding that arrives late, or fails silently, is exactly the kind of operational failure other infrastructure hasn't always solved for. Reliability is the constraint Fun is built around. "Funding is a critical part of the trader's journey that's been broken in DeFi for too long. If we want to bring serious traders onchain, the path from intent to position has to be one step, not five. Fun is the infrastructure provider we've seen come closest to solving this at the scale and reliability a venue like Arcus requires." - Eddie Zhang, CEO, Arcus Spot trading is live at app.arcus.xyz. Equity Perpetuals are live in beta, rolling out by cohort. Join the waitlist at waitlist.arcus.xyz. Arcus is a blockchain-based smart contract protocol that permits self-custodial peer-to-peer trading of Stock Tokens, cryptoassets and perpetual futures. Arcus is not a regulated financial services provider, and it is not available in the U.S., Canada, United Kingdom and other restricted jurisdictions. Stock Tokens are tokenised securities that provide economic exposure to a relevant underlying equity instrument or ETP through a contractual claim against the Issuer for a cash Redemption. Stock Tokens involve risks not present, or not present to the same extent, in traditional stock ownership, including private-key loss or compromise, limited redemption access, liquidity constraints, price or tracking divergences from the underlying, and uncertain or evolving regulatory treatment. Trading Stock Tokens, cryptoassets or perpetual futures is risky and involves risks of loss, particularly when using leverage. Do your own research. This content is provided as a general tool for users to learn about or interact with Arcus on their initiative, with no endorsement or recommendation of any trading activities. Users or potential users of this content should not regard it as involving any form of recommendation, invitation or inducement to deal in Stock Tokens, cryptoassets or perpetual futures. Nothing herein should be used as legal, financial, tax, or any other form of advice. In no event will Pocket Protector Labs Inc. or its affiliates be liable for any loss or damage arising from or in connection with the use of Arcus or this content. By continuing to access this content, you agree to the Interface Terms of Use, Protocol Terms and Privacy Policy. Market analysis is facilitated with charts by independent third party service provider(s).

FINTECH.TV
Jun 3rd, 2026
Fun raises $72M Series A to connect bank accounts to blockchain for stablecoin payments

Fun, a New York-based startup building global payments infrastructure, has raised $72 million in a Series A round. The company connects traditional bank accounts to blockchain networks, focusing on what CEO Alex Fine describes as "the highest converting method for moving money on a blockchain". Fine emphasises separating blockchain technology from cryptocurrency volatility, noting that adoption of stablecoins, tokenised equities and global payments continues growing despite crypto market downturns. The platform enables individuals in developing economies to access Western markets and participate in global capitalism through tokenised assets. Fun positions itself as a key facilitator for accessing tokenised financial products, which Fine believes will play a crucial role in future blockchain-based finance. The CEO also called for clearer US regulatory guidelines to help startups navigate compliance complexities.

CoinPasar
May 3rd, 2026
Fun Secures US$72 Million in Series A funding.

Fun Secures US$72 Million in Series A funding. * Home * Web3 * Fun Secures US$72 Million in S... Payments infrastructure company Fun raises US$72 million in a round led by Multicoin Capital to expand its global payments layer. Fun, a payments infrastructure company, has wrapped up a US$72 million Series A funding round co-led by Multicoin Capital and SignalFire. Founded in 2022, Fun provides the technical backbone for internet-native capital markets and digital platforms, including Polymarket, Lighter, and Aave. Fun focuses on the engineering of unified payment layers designed to improve deposit and withdrawal flows for global applications, and the new capital is intended to support continued investment in engineering and the opening of a new office in Singapore to expand into the Asia-Pacific region, along with potential infrastructure acquisitions. Alex Fine, Founder and CEO of Fun, said: "Fun is focused on a simple but foundational problem: removing the technological barrier of value exchange. The infrastructure for moving money has not kept up with how the world actually works. We are building a system where value moves instantly, globally, and without friction." Josh Stevens, VP of Engineering at Polymarket, said: "We've evaluated every major payments company, and Fun is in a different category. They operate like an extension of our team, building around real user behaviour and catching edge cases others miss. They are meticulous about every detail. At our size, every percentage point of conversion is millions of dollars and millions of users, and every reliability failure becomes a public conversation." Stay updated on crypto and AI by following its socials Your email address will not be published. Required fields are marked *

The Digital Track
May 1st, 2026
Crypto payments firm Fun raises $72 million from Multicoin and SignalFire in Series A.

Crypto payments firm Fun raises $72 million from Multicoin and SignalFire in Series A. May 1, 2026 Crypto Briefing general Fun's $72M funding round could accelerate seamless global crypto transactions, potentially transforming digital payment infrastructures worldwide. Crypto payments firm Fun raises $72 million from Multicoin and SignalFire in Series A. Key takeaways. Fun, a leading cryptocurrency payments platform, has successfully completed a Series A funding round securing 72 million dollars from prominent investors Multicoin Capital and SignalFire. This substantial capital injection positions the company to revolutionize cross-border digital transactions and modernize global payment infrastructure. The funding announcement represents significant momentum in the fintech and blockchain sectors, where companies are racing to create frictionless cryptocurrency transaction solutions. Fun's platform addresses critical challenges in international money transfers, offering faster settlement times and reduced costs compared to traditional financial systems. The involvement of Multicoin Capital and SignalFire signals strong institutional confidence in Fun's technology and business model. These venture capital firms specialize in identifying transformative blockchain and cryptocurrency projects with substantial market potential. This Series A round will likely accelerate Fun's product development, expand its team, and strengthen market penetration across key regions. The funding enables the company to scale infrastructure, enhance security protocols, and integrate additional blockchain networks. As cryptocurrency adoption continues accelerating, platforms like Fun demonstrate how digital assets are evolving beyond speculation toward practical payment solutions. This funding milestone reflects growing investor belief that crypto-based payment systems represent the future of international commerce and financial accessibility.

Cointime
May 1st, 2026
Crypto exchange startup Fun raises $72M Series A led by Multicoin Capital and SignalFire

Fun, a crypto exchange service startup, has raised $72 million in a Series A round led by Multicoin Capital and SignalFire. The round included participation from Infinity Ventures, Pharsalus Capital and Tinder co-founder Justin Mateen. The funding was completed in January but only recently disclosed. The company declined to reveal its valuation from the round.

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