Entravel Secures $7.5 Million in Funding, Co-Led by Ethereal Ventures and Finality Capital

BlockBeats News, August 12: Crypto travel infrastructure company Entravel Group has completed a $7.5 million funding round, co-led by Ethereal Ventures, headed by Ethereum co-founder Joseph Lubin, and Finality Capital. Other participants include GSR, Varrock, G1 Ventures, and Seier Capital. Entravel provides travel booking systems for crypto and fintech platforms such as Kraken and MetaMask, currently serving over 40 brands with a combined user base of approximately 300 million. Entravel plans to use the funds from this round to expand supplier credit, increase booking volume, enter the traditional travel market, and build a stablecoin-based financial system for settlement, fund management, and working capital. [Original Link]