Griffin secures $20M Series B to scale stablecoin banking services
Griffin raised $20 million in a Series B round that values the UK banking business at more than $100 million.
Griffin raised $20 million in a Series B round that values the UK banking business at more than $100 million. This is an original TLT brief synthesising 2 outlets (Crypto Economy, Cointelegraph), with their figures cross-checked, plus live market data, as of Fri, 13 Nov 2026 00:45:04 UTC.
The financing is intended to expand Griffin’s stablecoin reserve services and onchain cross-border payments, linking traditional banking infrastructure with blockchain-based settlement activity.
- $20M Series B was led by Octagon Partners.
- Griffin’s valuation exceeded $100 million.
- Funding targets stablecoin reserves and cross-border payments.
- Crypto market cap stands at $2.46T amid broad weakness.
Crypto Economy and Cointelegraph agree that Griffin raised $20 million in a Series B and that the financing valued the company at more than $100 million. Crypto Economy identifies Octagon Partners as the round leader and lists Notion Capital, A+ Ventures, Nordic Ninja, Breega and existing investors as participants, while Cointelegraph emphasizes the intended use of the capital for stablecoin reserve services and onchain cross-border payments. The coverage does not report conflicting amounts or contradictory details.
Griffin has secured $20 million in Series B financing, with the round valuing the UK banking business at more than $100 million. Crypto Economy reports that Octagon Partners led the investment, alongside Notion Capital, A+ Ventures, Nordic Ninja, Breega and existing investors.
The new capital is directed toward Griffin’s next phase of growth. Cointelegraph specifically identifies stablecoin reserve services and onchain cross-border payments as areas the financing is expected to support, linking the bank’s expansion to infrastructure for holding stablecoin reserves and conducting blockchain-based international transfers.
Both Crypto Economy and Cointelegraph corroborate the two principal figures: a $20 million raise and a valuation above $100 million. The sources differ in emphasis rather than facts, with Crypto Economy detailing the investor lineup and Cointelegraph focusing on the product areas that the proceeds are intended to fund; neither outlet reports a conflicting amount.
The investment comes as Griffin looks to expand a platform built around stablecoin-related banking services. The coverage places stablecoin reserves and cross-border payments at the center of the expansion, areas that connect digital-asset settlement mechanisms with the operational role of a UK bank.
Live market conditions provide a cautious backdrop. The total crypto market capitalization stands at $2.46 trillion, while the broader market is broadly down and 
Bitcoin is down 3.45% over 24 hours. The Fear & Greed Index is at 28, placing sentiment in the Fear zone. The next phase for Griffin is the implementation and expansion of the reserve and cross-border payment services targeted by the round.
2 key figures independently matched across 2 outlets reporting this story.
TLT 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 Series B to scale stablecoin banking se — questions & answers
How much did Griffin raise in its Series B?
Griffin raised $20 million. The round valued the UK banking business at more than $100 million.
Who led Griffin’s Series B?
Octagon Partners led the round, according to Crypto Economy. Notion Capital, A+ Ventures, Nordic Ninja, Breega and existing investors also participated.
What will Griffin’s new funding support?
Cointelegraph reports that the financing will help fund stablecoin reserve services and onchain cross-border payments.
Which outlets reported this story?
This is an original TLT 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 TLT 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.