COCA has completed a strategic investment round led by the Stellar Development Foundation alongside FunFair Ventures. This investment aims to accelerate the development and adoption of stablecoin payments.
Overview of COCA's Latest Investment Round
In March 2025, the COCA wallet app successfully completed a strategic funding round led by the Stellar Development Foundation and FunFair Ventures. These investments are designed to make stablecoin payments more accessible and secure to a global audience.
Benefits and Achievements of COCA
With over 1 million users, COCA offers seamless stablecoin payments, deep integration with the Stellar network, and security through MPC Security and anonymous biometric management. COCA enables users to pay at over 80 million merchants worldwide.
The Role of Stellar Development Foundation as Partner
"This investment is a significant strategic milestone," said Pavel Matveev, Product Advisor at COCA. Stellar CEO Denelle Dixon emphasized that stablecoins create economic opportunities for millions of people. Stellar's support accelerates COCA's growth and deepens its integration with Stellar's ecosystem for global remittances and smart contracts.
Investments in COCA by the Stellar Development Foundation and FunFair Ventures will accelerate the app's growth and integration with Stellar's ecosystem, opening new possibilities for stablecoin usage worldwide.
