The start-up bank is established by Singapore family office Whampoa Group and licensed in Bahrain

The Straits Times

Singapore

Singapore Gulf Bank to raise funds, buy stablecoin payments firm

Media Bias/Fact Check

Singapore Press Holdings

The post Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition appeared first on Daily Truth Report • DailyTruthReport.com.

Cointelegraph

Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition

The post Singapore Gulf Bank Seeks $50M Funding and Stablecoin Acquisition in 2025 appeared first on Coinpedia Fintech News Singapore Gulf Bank, backed by Bahrain’s Mumtalakat Sovereign Wealth Fund and Singapore’s Whampoa Group, has set its sights on ambitious goals for 2025. The bank aims to...

CryptoPanic

Singapore Gulf Bank Seeks $50M Funding and Stablecoin Acquisition in 2025

SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with direct knowledge of the matter.

Business Times

The post Singapore Gulf Bank Seeks $50M Funding and Stablecoin Acquisition in 2025 appeared first on Coinpedia Fintech News Singapore Gulf Bank, backed by Bahrain’s Mumtalakat Sovereign Wealth Fund and Singapore’s Whampoa Group, has set its sights on ambitious goals for 2025. The bank aims to raise...

http://coinprofitnews.com

Tether made moves this week, investing in Quantoz alongside Kraken and Fabric Ventures. The team did not disclose the amount invested. Alongside the announcement, the Dutch-based stablecoin company also announced it was launching euro and US dollar stablecoins.  “EURQ and USDQ are respectively euro and US dollar-referenced E-Money Tokens (EMTs), issued on the Ethereum blockchain by Quantoz, an Electronic Money Institution (EMI) authorised and su…

Blockworks

Funding Roundup: Stablecoin fundraising and M&A activity heats up

Tether made moves this week, investing in Quantoz alongside Kraken and Fabric Ventures. The team did not disclose the amount invested.
Alongside the announcement, the Dutch-based stablecoin company also announced it was launching euro and US dollar stablecoins. 
“EURQ and USDQ are respectively euro and US dollar-referenced E-Money Tokens (EMTs), issued on the Ethereum blockchain by Quantoz, an Electronic Money Institution (EMI) authorised and su…

cryptocrunchapp.com

The post Singapore Gulf Bank plans stablecoin acquisition after seeking the funding of $50M appeared on BitcoinEthereumNews.com. Singapore Gulf Bank is seeking a $50 million funding round next year and plans to buy a stablecoin payments company. Licensed in Bahrain since February, the bank was set up by the Singapore family office Whampoa Group. According to Bloomberg’s sources, the bank is in discussions with a Middle Eastern sovereign wealth f…

Bitcoin Ethereum News

Singapore Gulf Bank plans stablecoin acquisition after seeking the funding of $50M

Singapore Gulf Bank is seeking a $50 million funding round next year and plans to buy a stablecoin payments company. Licensed in Bahrain since February, the bank was set up by the Singapore family office Whampoa Group. According to Bloomberg’s sources, the bank is in discussions with a Middle Eastern sovereign wealth fund and other investors to sell less than 10% of its equity by early 2025. However, the case is private, and the details remain c…

Cryptopolitan

Singapore Gulf Bank is aiming to raise at least $50 million to acquire a stablecoin payments firm by early 2025, inside sources say. According to a Bloomberg report on Nov. 25, inside sources that do not wish to be identified…

Singapore Gulf Bank to raise funds, buy stablecoin payments firm

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