Griffin Secures $20M to Expand Stablecoin and Cross-Border Services
Griffin has raised a $20 million Series B at a valuation above $100 million to expand its UK banking and stablecoin infrastructure business.
Griffin has raised a $20 million Series B at a valuation above $100 million to expand its UK banking and stablecoin infrastructure business. This is an original Token Times brief synthesising 2 outlets (Crypto Economy, Cointelegraph), with their figures cross-checked, plus live market data, as of Thu, 12 Nov 2026 16:45:01 UTC.
The financing gives Griffin additional capital to develop stablecoin reserve services and onchain cross-border payments, areas that connect traditional banking with blockchain-based settlement infrastructure.
- Griffin raised $20 million in a Series B led by Octagon Partners.
- The round values the UK bank at more than $100 million.
- Cointelegraph links the funding to reserve services and cross-border payments.
- Crypto markets broadly declined as Bitcoin fell 2.97% over 24 hours.
Crypto Economy and Cointelegraph both report that Griffin raised $20 million in a Series B and that the financing valued the UK bank at more than $100 million. Crypto Economy identifies Octagon Partners as lead investor and names Notion Capital, A+ Ventures, Nordic Ninja, Breega and existing investors as participants, while Cointelegraph specifies that the capital will support stablecoin reserve services and onchain cross-border payments. The outlets do not contradict each other on the round size or valuation; their additional details are complementary rather than conflicting.
Griffin has secured $20 million in a Series B financing round led by Octagon Partners, according to Crypto Economy. Notion Capital, A+ Ventures, Nordic Ninja, Breega and existing investors also participated, with the proceeds intended to support the UK bank’s next phase of expansion.
The investment places Griffin’s valuation above $100 million, a figure independently reported by both Crypto Economy and Cointelegraph. Neither outlet identifies a price target, revenue figure or expected timetable for the expansion, so the confirmed focus is the financing itself and the areas of the business that it is intended to advance.
Cointelegraph says the new capital will help fund stablecoin reserve services and onchain cross-border payments. Crypto Economy emphasizes Griffin’s broader expansion plans and provides the fuller investor list, while both sources corroborate the $20 million raise and valuation exceeding $100 million. There is no reported disagreement between the two outlets.
The development connects Griffin’s UK banking position with blockchain-based financial infrastructure. Stablecoin reserves relate to assets held against stablecoin obligations, while onchain cross-border payments use blockchain rails for transfers between parties or jurisdictions; the supplied coverage does not provide details on Griffin’s exact product structure, launch schedule or customer base.
The wider crypto market was broadly lower at the time of the report. Total market capitalization stood at $2.45 trillion, 
Bitcoin was down 2.97% over 24 hours, and the Fear & Greed Index registered 28, corresponding to Fear. No Griffin-specific coin was identified, leaving the financing and the resulting product rollout as the principal developments to monitor rather than a directly measurable token-market reaction.
2 key figures independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Griffin Secures $20M to Expand Stablecoin and Cross-Border S — questions & answers
How much did Griffin raise in its Series B?
Griffin raised $20 million in a Series B round led by Octagon Partners.
What valuation did the funding round assign Griffin?
Both Crypto Economy and Cointelegraph report that the financing valued Griffin at more than $100 million.
What is Griffin expected to fund with the proceeds?
Cointelegraph reports that the money will support stablecoin reserve services and onchain cross-border payments, while Crypto Economy describes it as funding the bank’s next growth phase.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.