ChainThink reports that on March 17, dtcpay, a Singapore-based stablecoin payment infrastructure company, completed a $10 million Series A funding round led by Vertex Ventures Southeast Asia & India. dtcpay has obtained a Luxembourg electronic money institution license to expand regulated payment services within the European Economic Area.
Singapore-based stablecoin infrastructure firm dtcpay completes $10 million Series A funding.
ChainthinkShare
Summary
Project funding news from Chainthink reveals that dtcpay, a Singapore-based stablecoin payment infrastructure firm, has secured $10 million in Series A funding led by Vertex Ventures Southeast Asia & India. The company now holds a Luxembourg e-money institution license, enabling it to offer regulated payment services within the European Economic Area. Crypto news outlets are highlighting this move as a key development in the digital asset sector.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.