what's Bastion?
Bastion is a regulated infrastructure platform enabling enterprises and institutions to launch, manage, and scale stablecoin ecosystems. It provides end-to-end services including stablecoin issuance, custody, on/off-ramps, and seamless integration into existing business workflows, ensuring compliance and security for web3 adoption. The platform features white-label solutions with custodial wallets, smart transaction routing, and customer analytics, bridging web2 experiences with web3 capabilities. Designed for organizations of any size, Bastion simplifies the complexities of stablecoin operations through its compliant technology stack.
Bastion partners with Sony Bank for USD stablecoin and payments across Sony Group, backed by major VCs.
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x.com/bastionReceived a strategic investment from NTT DOCOMO Ventures on February 18, 2026.
Sony Bank partners with Bastion to launch a dollar stablecoin for PlayStation payments in 2026, enabling purchases of games, subscriptions and anime content for US customers representing 30% of Sony Group sales. Sony Bank applied for a US banking license in October to support this initiative.
Sony Bank partners with Bastion for USD-pegged stablecoin issuance and infrastructure to power payments across Sony Group ecosystem including treasury operations and consumer applications in gaming, music, anime, movies, streaming, and commerce. Project backed by Coinbase Ventures, a16z crypto, Samsung Next, Sony Innovation Fund, and Hashed.
The $14.6M funding round includes additional investors a16z and Hashed alongside previously announced backers, bringing total funding past $40M.
Coinbase, Sony, and Samsung back a $14.6M funding round for the stablecoin infrastructure startup.
AWS partnership confirmed with technical infrastructure details revealed, including Nitro Enclaves and CloudHSMs for processing hundreds of millions of stablecoin transactions.
The platform is now officially listed as one of eight participants in Hyperliquid's RFP for USDH ticker assignment, positioning itself with NYDFS-chartered trust services and compliance-first approach alongside major competitors like Ethena, Paxos, and Frax.
The platform is working on what they believe will be a top regulated USDH issuance proposal for Hyperliquid, focusing on regulatory licensing and partnerships.
Multiple large corporations showing interest in stablecoin issuance and crypto-as-a-service APIs through regulated infrastructure.
Former Ripple executive joins as Head of Treasury and Strategic Finance, bringing stablecoin issuance expertise.