According to CoinMeta, the Latin American stablecoin financial platform Takenos announced the completion of a $7 million seed round of additional financing, led by North Island Ventures and Road Capital Management, with Variant, Lattice, and Reverie also participating. This round of financing brings the total funding for Takenos to $12 million. The platform was established in 2022 and is currently operating in six Latin American countries, handling over $5 billion in transactions annually. Its clients include global enterprises such as LATAM Airlines. The platform has developed a technology stack that covers local payment channels, consumer applications, corporate API, and institutional trading desks, with partners including Stripe, Mastercard, and Visa.