Digital Banking

Telcoin raises $25M for blockchain bank funding

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October 17, 2025

Telcoin raised $25 million in a funding round to support Telcoin Digital Asset Bank, a blockchain-powered bank set to launch later in 2025. With this funding, Telcoin can meet capital requirements for its Nebraska Digital Asset Depository Institution charter, according to a press release.

The bank will also enter the stablecoin market with its Digital Cash stablecoin. Telcoin is entering this space due to recent improvements in U.S. stablecoin legislation such as the GENIUS Act.

"We're grateful to have such strong partners backing us as we take this next step. With our first-of-its-kind bank and stablecoin, we're providing real access to bridge the gaps between traditional banking and decentralized finance. Unlike the offshore or non-bank alternatives in the market today, eUSD will give people a regulated, trustworthy way to use digital dollars at scale," Paul Neuner, CEO and founder, Telcoin, said in the release.

With this charter, Telcoin can conduct international remittances and connect customers to decentralized financial protocols.

"What excites us about Telcoin is the potential impact right here at home," Matt Maser, an investor, said in the release. "There's enormous value in bringing stablecoins into a banking environment that banks and their customers can trust. This isn't just about faster and safer transactions in Nebraska, but ensuring that the U.S. remains competitive on the global financial stage."