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Codex builds a dedicated blockchain and settlement infrastructure for stablecoins, purpose-built for enterprise cross-border payments and FX.
Raised $16M across disclosed rounds.[1][2][3][4][5]
Seed closed April 2025, led by Dragonfly Capital.[1][2][3][4][5]
post-money valuation is not publicly disclosed.
Named investors include Dragonfly Capital, Cumberland, Wintermute, Coinbase Ventures, Circle Ventures.[1][2][3]
Haonan Li, Co-founder and CEO[1][2][4][7]
Momo Ong, Co-founder[1][2][4][7]
Victor Yaw, Co-founder[1][2][4][7]
Jul 2026 · theblock.co
reported
Jul 2026 · fortune.com
reported
Jul 2026 · aicoin.com
reported
Jul 2026 · aol.com
reported
Codex builds a dedicated blockchain and settlement infrastructure for stablecoins, purpose-built for enterprise cross-border payments and FX.
Plasma · plasma.io · Named in Fortune as another startup building a dedicated stablecoin blockchain, competing for the same enterprise stablecoin infrastructure thesis.[2]
Bridge (acquired by Stripe) · bridge.xyz · Bridge was the leading stablecoin infrastructure platform for enterprises before Stripe acquired it; Codex targets the same enterprise stablecoin settlement workflow.[2]
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