Brale Announces $30M Financing Led by Lightspeed

Gunderson Dettmer represented Brale, the platform for creating stablecoins, in its new $30 million financing led by Lightspeed.

The company will use the new capital to invest in research and development while supporting its global regulatory efforts. Brale will also be expanding the operations of Brale Holdings, its parent company, to include incubation and M&A opportunities in supporting the global use of protocols alongside its venture network.

The Gunderson deal team was led by Colman Lynch and included Eugene Kim, Darien Pun and Alex VanDerKolk.

Companies
Brale
Lightspeed