Ground, a new startup founded by Superstate co-founder Reid Cuming, has raised $3.6 million in a pre-seed funding round to help fintechs and asset managers access onchain yield products through an API.
Bain Capital Crypto and ParaFi co-led the round, with participation from Nascent, Robot Ventures, Chapter One, and Consonant Ventures, Ground said Wednesday. Ground began fundraising in September 2025 and closed the round the following month, Cuming told The Block. The round was structured as a simple agreement for future equity (SAFE) with token warrants, Cuming said, declining to disclose valuation. No investors received board seats, observer seats, or advisory roles as part of the round, he added.
Ground has also emerged from stealth and launched its platform. The startup offers an API that allows financial platforms to add onchain yield products without building their own blockchain integrations.
"Ground is building the platform that makes onchain finance accessible and embeddable," Cuming said. "As stablecoins and tokenization adoption increases outside the U.S. and within, there will be a need to do more than hold or spend but to earn, to grow, and invest."
Ground's target clients include fintechs, neobanks, wealth managers, exchanges, and asset managers building yield, savings, or investment products.
