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Mural secures $15 million Series A led by Tether to expand AI payments

Source: CoinDesk
Mural secures $15 million Series A led by Tether to expand AI payments

We are following the latest developments in the intersection of artificial intelligence and blockchain as stablecoin issuer Tether leads a $15 million funding round for Mural. The New York-based payment startup focuses on AI-driven financial services, and this fresh capital injection brings its total funding to $28 million to date. The Series A round also saw participation from North Island Ventures alongside several existing investors who chose to back the company's ongoing growth.

This funding round arrives at a time when traditional payment rails and crypto infrastructure are increasingly converging. Mural has been positioning itself within this evolving landscape by building tools that streamline how businesses and individuals handle cross-border transactions and digital assets. By integrating artificial intelligence into payment workflows, the startup aims to reduce friction in global financial operations that typically suffer from high costs and sluggish settlement times.

For the broader crypto market, this investment highlights Tether's ongoing strategy to diversify its financial footprint beyond core stablecoin operations. While Tether remains dominant through its USDT token, the company has increasingly deployed capital into strategic sectors like artificial intelligence, renewable energy, and telecommunications. Backing a payment startup that leverages AI underscores the growing confidence that emerging technologies can work together to scale global digital commerce.

Industry observers have pointed out that strategic investments from major industry players like Tether provide startups not just with capital, but with valuable ecosystem connections. Venture firms participating in the round, including North Island Ventures, emphasize the strong demand for infrastructure that bridges legacy financial systems with decentralized networks. As payment companies continue to adopt automation and machine learning, tools that simplify complex compliance and routing will likely play a crucial role in broader adoption.

Looking ahead, Mural plans to utilize the $15 million in new funding to accelerate product development and expand its engineering team. As the platform rolls out more advanced features for its users, we will be watching closely to see how effectively AI can transform everyday crypto-enabled payments. With institutional backing secured, the startup is well-positioned to test its scalable solutions in a competitive market.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: October 2026

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