dtcpay Secures Strategic Investment from SBI Group, A Round Financing Reaches $25 Million
The stablecoin payment company dtcpay announced that it has secured a strategic investment from Japan's SBI Group, with the total amount of A round financing expanding to $25 million. This round of financing was led by Vertex Ventures, a subsidiary of Temasek, with participation from Genedant Capital, and continued support from Guo Liangde, the founder of Capella Hotel Group. SBI Group stated that this investment will initiate a strategic partnership between the two parties to jointly expand the digital asset corridor between Japan and Southeast Asia. dtcpay is a formal member of Visa and has issued a compliant stablecoin Visa card, with licensed operations covering Singapore, Hong Kong, Luxembourg, Australia, the United States, and Canada, and is continuously expanding to provide compliant infrastructure for global stablecoin payments.
-- Price
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