Coinbax

What Coinbax does

Coinbax is a programmable trust layer for stablecoin payments, founded in October 2025 by former Jack Henry executive Peter Glyman. The company's platform wraps smart contract-based escrow, built-in reversibility (review windows and rollback triggers), and real-time compliance gates (KYC, sanctions screening, and risk scoring) around stablecoin transactions, addressing the irreversibility and compliance gaps that have prevented banks and credit unions from adopting blockchain-based settlement. Transactions are processed across Base, Ethereum, Solana, and other EVM-compatible chains, supporting USDC, USDG, RLUSD, and PYUSD stablecoins, and the product is delivered as 16 pre-built payment templates spanning payments, trade, lending, gaming, insurance, treasury, and government benefits use cases.

The technology stack is anchored in integrations with major custody providers (Fireblocks, Anchorage, BitGo, Utila, Turnkey), compliance vendors (Chainalysis, TRM Labs, Persona, Sardine, Plaid), stablecoin issuers (Circle, Paxos), and core banking platforms (Jack Henry SilverLake and Symitar). Distribution is primarily OEM/embedded via the Jack Henry Fintech Integration Network, which exposes Coinbax to approximately 7,400 bank and credit union clients, supplemented by direct enterprise sales and a RESTful API. Coinbax monetizes through per-transaction platform fees and API access fees under custom multi-year enterprise contracts; pricing is quote-based and not publicly disclosed. The company raised a $4.2M seed round in December 2025 led by BankTech Ventures, is privately held, has 1–10 employees, and is currently pre-revenue with pilot programs underway with banks, custody firms, and wallet providers.

Name

Coinbax

Legal name

Coinbax, Inc.

Website

https://coinbax.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Coinbax is a programmable trust layer for stablecoin payments, providing smart contract-based escrow, real-time compliance, and reversibility for banks, credit unions, and financial institutions, distributed primarily through Jack Henry's network of 7,400+ financial institution clients.

Ownership category

akta.pro rank

Product category

Stablecoin Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

akta.pro secondary industries

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Stablecoin Risk, Monitoring & Analytics (Peg/Reserve/Flow) (FSADADAK)

Keywords

• Stablecoin payment infrastructure
• Programmable escrow services
• Smart contract compliance
• Multi-chain settlement
• Banking blockchain solutions

Headquarters

HQ city

Essex

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Per-Transaction Platform Fees: Platform fees charged on a per-transaction basis as agreed in customer contracts. Transaction fees are non-refundable once initiated on the blockchain. This is the primary revenue stream for the programmable stablecoin payment infrastructure.
2. API Access Fees: RESTful APIs for programmatic integration with customer systems, with API credentials scoped with specific permissions based on customer use cases

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Coinbax provides a programmable trust layer for stablecoin payments, offering smart contract-based escrow services, real-time compliance verification, and multi-chain payment processing. The platform enables financial institutions to adopt stablecoin settlement with institutional controls including built-in reversibility, multi-party authorization, conditional release, and time-based locks, supported across Base, Ethereum, Solana, and other EVM-compatible networks.

Product overview

Coinbax is a programmable trust layer for stablecoin payments, offering a platform architecture built around smart contract-based escrow services, real-time compliance verification, and multi-chain payment processing. The core product consists of programmable controls including Escrow, Reversibility, Compliance Gates, Multi-Party Authorization, Conditional Release, and Time-Based Locks, which can be configured through 16 pre-built payment templates spanning Payments (Instant Wire, Cross-Border, Delayed Payment, Multi-Party Authorization), Trade (Trade Finance Escrow, Marketplace Payouts), Lending (Real Estate Closing, Milestone Funding, Instant Loan Funding), Gaming (Instant Wallet Deposit, Secure Withdrawals), Insurance (Event-Triggered Payouts, Fast Claim Payments), Treasury (Automated Vendor Payments, Intercompany Transfer), and Benefits (Benefit Disbursement). The platform processes transactions across Base, Ethereum, Solana, and other EVM-compatible chains, supporting USDC, USDG, RLUSD, and PYUSD stablecoins, with a RESTful API for programmatic integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Programmable Escrow Smart contract-based escrow service that holds funds until predefined conditions are met, enabling time-based locks, delivery confirmation, and multi-party approval before fund release. Designed for financial institutions requiring escrow for trade finance, real estate closing, lending, and other conditional payment workflows.
• Built-in Reversibility Review windows and rollback triggers that catch fraud before it becomes permanent, allowing institutions to recall or reverse transactions within defined timeframes. Addresses the irreversibility risk inherent in stablecoin/blockchain payments.
• Real-Time Compliance Automated sanctions screening, KYC verification, and risk checks that run automatically before settlement, with compliance gates ensuring regulatory requirements are met. Integrated with compliance providers including Persona, Plaid, Chainalysis, Elliptic, and Merkle Science.
• Multi-Chain Payment Processing Transaction processing across supported blockchain networks including Base, Ethereum, Solana, and other EVM-compatible chains, with support for major stablecoins including USDC, USDG, RLUSD, and PYUSD.
• Coinbax RESTful API Programmatic API access for developers and institutions to integrate Coinbax's stablecoin payment infrastructure with their systems. Includes account registration, API credentials scoped with specific permissions, and compliance with rate limits and usage guidelines.
• Payment Templates Library Library of 16 pre-built payment workflow templates spanning Payments (Instant Wire, Cross-Border, Delayed Payment, Multi-Party Authorization), Trade (Trade Finance Escrow, Marketplace Payouts), Lending (Real Estate Closing, Milestone Funding, Instant Loan Funding), Gaming (Instant Wallet Deposit, Secure Withdrawals), Insurance (Event-Triggered Payouts, Fast Claim Payments), Treasury (Automated Vendor Payments, Intercompany Transfer), and Benefits (Benefit Disbursement), each leveraging Coinbax's programmable controls for specific institutional use cases.

Quantifiable outcome

• Improper payments dropped by 78% for government benefit disbursement, saving $17.8M annually
• +6 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration44 records

AI capability2 records

Feature5 records

Partnerships

Three partnerships are on record, tiered strategic and core.

• BalancedTruststrategicTechnology or Integration · 25 March 2026Strategic partnership integrating AI-powered compliance oversight directly into stablecoin settlement workflows. BalancedTrust provides institutional-grade compliance monitoring that works with Coinbax's programmable escrow infrastructure to verify identity, sanctions screening, and transaction risk before funds settle.
• Global Dollar Network (Paxos-powered)strategicTechnology or Integration · 10 March 2026Coinbax joined the Paxos-powered Global Dollar Network, bringing programmable escrow, conditional fund release, and audit-grade reconciliation to a USDG stablecoin ecosystem that includes Anchorage Digital, Kraken, Robinhood, and Worldpay.
• Jack HenrycoreChannel Partner/ Reseller/ Distributor · 14 January 2026Coinbax joined the Jack Henry Fintech Integration Network (FIN), enabling integration with Jack Henry's core banking platforms including SilverLake (jXchange) and Symitar (SymXchange). This partnership provides Coinbax access to Jack Henry's approximately 7,400 bank and credit union clients, allowing financial institutions to offer stablecoin payment capabilities with built-in compliance controls without disrupting existing workflows.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• BitGo: BitGo provides institutional custody, wallet infrastructure, and increasingly stablecoin payment and policy engine services. It is a custody partner of Coinbax but also a broad incumbent competing for the same institutional payment trust-layer role.
• Paxos: Paxos issues USDG and USDP and provides regulated blockchain infrastructure including settlement and tokenization services. It is both a Coinbax investor and strategic partner via the Global Dollar Network, and a broad incumbent whose own rails could overlap with Coinbax's programmable trust layer.
• Alchemy: Alchemy provides blockchain developer infrastructure and node services across multiple chains including Base and Ethereum, and increasingly higher-level payment APIs. It is a settlement integration partner for Coinbax but a broad incumbent with the scale to compete in adjacent payment layers.
• Circle: Circle is the issuer of USDC and offers payments, compliance, and APIs that let enterprises transact in stablecoins with built-in controls. It is a partner of Coinbax but also a broad incumbent that could expand its own programmable compliance and escrow functionality to subsume Coinbax's role.

Others

• TRM Labs: TRM Labs provides blockchain intelligence, fraud detection, and risk scoring used by banks and crypto businesses. It is a Coinbax integration partner for risk scoring but is an ecosystem/analytics participant rather than a direct competitor on payment infrastructure.
• Chainalysis: Chainalysis provides blockchain analytics, transaction monitoring, sanctions screening, and compliance tooling relied on by financial institutions. It is an integration partner for Coinbax but operates in an adjacent (analytics/compliance) layer rather than directly competing on payment rails.

Direct peers

• Bridge: Bridge (acquired by Stripe) provides stablecoin payment APIs and orchestration for businesses moving money via USDC and other stablecoins. It is a direct peer offering programmable stablecoin payment infrastructure targeted at fintechs and enterprises.
• Utila: Utila offers an institutional digital asset operations platform with custody, payments, and policy controls for stablecoins. It is a direct peer to Coinbax in providing bank-grade programmable controls for stablecoin workflows and is also an integration partner.
• Anchorage Digital: Anchorage Digital is a federally chartered digital asset bank offering institutional custody, stablecoin support, and settlement services with policy controls. It overlaps directly with Coinbax's institutional stablecoin payments use case and is a partner via the Global Dollar Network.
• Fireblocks: Fireblocks provides institutional digital asset custody and a policy engine for secure transfer of crypto, including stablecoin payment workflows with approval rules. It is the closest direct peer to Coinbax in bringing bank-grade controls (multi-party approval, policy enforcement, transaction screening) to stablecoin payments.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/coinbax

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinbax