Tag: Stablecoin

FinTech firm Fortunafi raises $9.5m for RWA and stablecoin expansion

Fortunafi, a FinTech company specializing in RWA and stablecoin products, has announced the successful completion of its $9.5m raise.

European FinTech seed deal activity in Q1 2024 almost halves with...

Key European FinTech seed deals stats in Q1 2024: • European FinTech seed deal activity reached 161 deals in Q1 2024, a 49% drop YoY •...

Mesh’s digital asset solutions attract significant investment from PayPal Ventures

Mesh, a leading provider of embedded finance solutions, has recently announced a strategic investment from PayPal Ventures.

PayTech giant PayPal launches US dollar stablecoin

PayTech giant PayPal has launched its own US dollar denominated stablecoin, designed for digital payments, PayPal USD (PYUSD). 

DeFi startup Ethena emerges from stealth with $6m funding

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.

BoomFi breaks ground in crypto payment sector with lucrative $3.8m seed

Crypto payments company BoomFi has managed to pull in $3.8m in new seed funding to streamline payments involving crypto. 

‘All Weather Stablecoin’ Gyroscope closes seed round

Gyroscope, which stylises itself as the ‘All Weather Stablecoin’ has raised $4.5m in its seed funding round, which was co-led by Placeholder VC and Galaxy.

Stablecoined-settled trading platform Thalex closes funding

Thalex, which offers stablecoin-settled crypto options and future, has closed its Series A on €7.5m.

UK gets first regulated stablecoin after blackfridge launches poundtoken

Isle of Man-based FinTech company blackfridge has secured its pre-Series A as it launches the first British-regulated stablecoin.

Circle set to unveil Euro-backed stablecoin in US market

Circle Internet Financial, the issuer of the USD Coin dollar-pegged stablecoin, is set to introduce a new stablecoin backed by the single European currency.

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