Macropod’s stablecoin secures Betashares backing

Binaya Dahal

Editorial Intern, Financial Newswire

10 March 2026

Macropod has received a minority investment from ETF provider Betashares to help grow its Australian dollar-backed stablecoin, marking its first major institutional funding since gaining regulatory approval.

The Sydney-based fintech became the first company in Australia authorised by the Australian Securities and Investments Commission (ASIC) to launch a stablecoin when it introduced AUDM last year.

According to the firm, Flowdesk, DACM, and Prime Capital, were the other investors participating in the funding round.

Chief Executive of Macropod, Drew Bradford, said the backing from BetaShares and other global digital asset investors represents a significant milestone for the company.

“We are committed to building digital markets in a safe and transparent way,” Bradford said.

“This capital strengthens our ability to scale AUDM, expand our technology platform, and accelerate adoption across payments, wealth, and tokenized settlement markets.”

The firm said it will use the funding to expand AUDM issuance and distribution across exchanges, wealth platforms, payment providers, and enterprise partners.

In addition, Macropod plans to accelerate commercial partnerships across superannuation, asset management, remittances, trade finance, and emerging tokenised markets.

Founder and Chief Executive of BetaShares, Alex Vynokur, said the firm invested because it believes in the transformative potential of regulated, transparent, asset-backed digital infrastructure.

“Globally, stablecoin adoption across financial services and payments is accelerating as real-world use cases become clearer and more widely implemented,” Vynokur said.

“Stablecoins have significant long-term potential to increase efficiency and reduce costs across payments and digital-based applications in the financial services sector.

“Importantly, Macropod is regulated by ASIC and is taking a responsible approach to innovation and the application of stablecoins across a range of potential use cases.”

AUDM tokens are currently backed on a one-for-one basis with cash reserve assets held in segregated trust accounts with multiple major Australian banks.

By the end of 2026, Macropod expects AUDM to become the leading Australian dollar stablecoin, supported by deeper liquidity and broader availability across the digital asset ecosystem.

The firm also anticipates growing adoption of its stablecoin in real-world financial applications, including payments, institutional settlement, and tokenized asset markets, alongside increased interoperability across blockchain networks