The financial market in the Dominican Republic is evolving with the use of cryptocurrencies as a key tool for remittance transfers. This trend reflects the growth of the crypto ecosystem in Latin America and its potential to revolutionize cross-border financial transactions.
Dominican entrepreneur Juan Diego Oliva Heinsen, CEO of the startup Capa, has secured a $2.5 million investment in a pre-seed funding round. This capital comes from international investors such as Morgan Creek, Better Tomorrow Ventures, Boost VC, Alter Global, and Reverie, as well as angel investors from Coinbase, Ripple, Polygon Labs, and Ondo.
The expansion of the crypto industry in Latin America is driven by factors such as accelerated digitalization, the need for more efficient financial solutions, and recent support from U.S. President Donald Trump for blockchain technology.
Capa’s investment round comes at a crucial moment, highlighting the growing interest in cryptocurrencies in the region. According to Better Tomorrow Ventures, Latin America is at a turning point in the adoption of emerging financial technologies, representing a significant opportunity for innovative companies like Capa.
«We focus on security, transparency, and ease of use so that more people can trust the crypto ecosystem. We want both individual users and businesses to see Capa as a viable alternative for investment, savings, and cross-border value exchange,» explains Juan Diego Oliva.
The cryptocurrency industry in the Dominican Republic and Latin America is rapidly expanding. With strategic investments and innovative platforms like Capa, the future of remittances and digital transactions looks more promising than ever. The adoption of crypto assets not only provides efficient solutions but also drives financial inclusion in emerging markets.
