Singapore-based stablecoin payments firm
@dtcpay_official said on Friday, September 18, that it has completed a $25 million Series A after Japan's SBI Group joined as a strategic investor. SBI invested through SBI Ventures Asset Pte Ltd and through the SBI-NTU-Kyobo Digital Innovation Fund. Neither side disclosed the size of SBI's cheque or the company's valuation.
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