IOSG Ventures invests in payments infrastructure firm Fun

IOSG Ventures invested in Fun, a global payments infrastructure company for internet markets, according to an October 26 BlockBeats report.

Funding and platform use

Fun provides fiat trading, payment routing and cross-chain settlement for prediction markets, on-chain perpetual platforms and DeFi applications. IOSG said Fun processes Polymarket’s fiat transactions and is also used by Lighter and Aave.

The company said it processes an annualized volume of $100 billion, serves more than 150 countries and supports more than 50 payment methods. Fun was founded by Alex Fine in 2022.

Source: BlockBeats, 2026-10-26 12:40:48 UTC.