Stablecoin infrastructure platform BVNK has raised $50 million in Series B funding as it seeks to expand its U.S. operations.Formed in late 2021, BVNK raised $40 million in Series A funding the following May and won registration in Spain a few months later. For the past year, the London-based company has been expanding in the U.S., opening an office in San Francisco, building a team and applying for operational licenses.BVNK has applied for lice…

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Stablecoin Payments Platform BVNK Raises $50M Series B to Fuel U.S. Expansion

Stripe's acquisition of the stablecoin company Bridge has created investor fervor around infrastructure providers.

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Exclusive: Crypto startup BVNK raises $50 million at around $750 million valuation amid red-hot stablecoin interest

Tether has invested in StablR, a Malta-based stablecoin firm that seeks to accelerate stablecoin adoption in Europe using Tether’s tokenization platform, Hadron.

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Tether backs European stablecoin firm StablR amid USDT uncertainty

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UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M

The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the colossal $3.73 trillion crypto universe. Tether’s Market Share Soars in 2024 The journey of the dollar-pegged digital economy has been quite the adventure since stablecoins first hit the scene, […]

Bitcoin.com

Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading – Bitcoin News

The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the …

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Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading

BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…

http://coinprofitnews.com

Stablecoin payments infrastructure firm BVNK raises $50m series B round

Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. As part of the funding round, the company is opening an office in San Francisco and “establishing a presence” in New York City, BVNK said in a news re…

PYMNTS.com

Crypto Bank BVNK Expands to US After Raising $50 Million

The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the colossal $3.73 trillion crypto universe. Tether’s Market Share Soars in 2024 The journey of the dollar-pegged digital economy has been quite the adventure since stablecoins first hit the scene,…

Stablecoin Payments Platform BVNK Raises $50M Series B to Fuel U.S. Expansion

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