Blue Star's SatoshiPay reaches key crypto milestone

(Sharecast News) - Blue Star Capital updated the market on its investee company SatoshiPay on Tuesday, reporting that fiat-to-crypto infrastructure platform Vortex had achieved a key milestone, surpassing $2m in cumulative transaction volumes and onboarding its first major API partners since launch. Among the new partners was IaCrypto, one of Brazil's leading digital-asset payment processors.

Based in São Paulo, IaCrypto operates high-volume, PIX-based on- and off-ramp infrastructure for stablecoins such as USDT and USDC, serving more than 100,000 users and processing over 800,000 transactions.

Blue Star said its ecosystem included YaToPay, a B2B crypto-payment platform, and StoneRamp, a non-custodial Telegram mini-app for instant crypto-to-fiat transfers.

"Cross-border digital liquidity rails are moving from concept to real-world infrastructure. Vortex is set up for sustained volume growth as more partners integrate directly into our network," said SatoshiPay chief strategy officer Florian Beba.

At 1559 GMT, shares in Blue Star Capital were up 10.45% at 12.15p.

Reporting by Josh White for Sharecast.com.