Entravel raises $7.5 million to expand crypto travel booking platform

Crypto travel infrastructure company Entravel has raised $7.5 million in a funding round co-led by Ethereal Ventures, led by Ethereum co-founder Joseph Lubin, and Finality Capital, with GSR, Varrock, G1 Ventures and Seier Capital among the participants. The company provides travel booking systems for more than 40 brands, including Kraken and MetaMask, reaching about 300 million users across those platforms. Entravel said it will use the new capital to expand supplier credit, grow booking volumes, push into the traditional travel market and develop a stablecoin-based financial system for settlement, treasury management and working capital. The raise adds to efforts by crypto-linked infrastructure providers to bring digital-asset payment rails and back-end financial tools into mainstream consumer services such as travel.

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