Entravel Group, a crypto-driven travel booking infrastructure company, has completed a $7.5 million financing round led by Ethereal Ventures, backed by Ethereum co-founder Joseph Lubin, and Finality Capital. According to Foresight News, GSR, Varrock, G1 Ventures, Seier Capital, Veris Ventures, Funfair Ventures, WTG Ventures, and others also participated.

The company said the funds will be used to expand supplier credit lines, increase booking volume, expand into the traditional travel industry, and build a stablecoin-based settlement, treasury management, and working capital system.