According to The Block, El Dorado has raised $9 million in Series A funding, led by Paradigm with participation from Coinbase Ventures and Verda Ventures, to expand cross-border payment infrastructure in Latin America. El Dorado covers internal corridors such as Brazil Bolivia, with over 100000 active users and processing over 5 million transactions. El Dorado launches cross-border payment services for enterprises, integrating stablecoin and fiat channels, and has provided services to over 100 enterprises.