Arx Research Raises $6.1M to Launch Stablecoin POS Device for Merchants

• Hardware firm Arx Research raised $6.1M in a seed round led by Castle Island Ventures.
• Funding will support the launch of Burner Terminal, a point-of-sale device bridging stablecoin and fiat payments for merchants.

On November 6, 2025, The Block reported that Arx Research, a hardware and software company, successfully secured $6.1 million in seed funding. Led by Castle Island Ventures, the funding round featured contributions from Inflection, Placeholder, Seed Club Ventures, and 1kx.

The investment is set to support the launch of the Burner Terminal, a handheld point-of-sale (POS) device designed to integrate stablecoin and fiat payment systems for small merchants globally. The device enables retailers to accept stablecoin payments alongside chip-and-PIN and contactless card transactions, streamlining customer experiences. Being EMV-certified, the Burner Terminal ensures compatibility with existing payment networks.

Nic Carter, founding partner at Castle Island Ventures, highlighted the impact of the Burner Terminal, noting that it represents the first practical solution for brick-and-mortar stores to embrace stablecoin payments. Cameron Robertson, Arx Research’s co-founder and CEO, leads the team driving this innovation forward.

The Burner Terminal offers dual functionality, allowing merchants to process stablecoin and card transactions at the same time. It also integrates with the Flexa network, enabling payments using cryptocurrencies like Bitcoin, Ethereum, and Solana. Additionally, the device’s built-in Wi-Fi and LTE capabilities ensure reliable connectivity in virtually any location.

Consumers using the Burner Terminal will have multiple payment options, including tapping a smartphone, using a Burner Card, or scanning QR codes through compatible digital wallets. This feature aims to enhance the retail experience for customers interacting with both cryptocurrencies and fiat currencies.

Arx Research has integrated the Burner Terminal into a broader ecosystem that includes the Burner Wallet, which is already in use by over 30,000 merchants and users. This early adoption signals strong market interest in the company’s payment infrastructure.

The Burner Terminal will debut later this month, with a commercial release planned for early 2026. Arx Research intends to launch the device initially in the United States, followed by expansions into the European Union and Latin American markets to drive international adoption.