Entravel has completed a $7.5 million financing round, with Ethereal Ventures and Finality Capital co-leading the investment.

BlockBeats News, August 12th, Cryptocurrency travel infrastructure company Entravel Group completed a $7.5 million financing round. The round was led by Ethereal Ventures, co-founded by Ethereum's Joseph Lubin, and Finality Capital, with participation from GSR, Varrock, G1 Ventures, Seier Capital, and others.

Entravel provides travel booking systems for crypto and fintech platforms such as Kraken and MetaMask, currently serving over 40 brands with a combined total of approximately 300 million users.

Entravel plans to use this funding 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.