Odaily Planet Daily reports that Yellow Card has announced the completion of a $40 million strategic funding round, with participation from SC Ventures, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. The company primarily provides stablecoin infrastructure, and the new funds will be used to expand its enterprise-facing end-to-end USD accounts, Global USD Accounts, and to extend its stablecoin rails connecting global markets.
Yellow Card Completes $40M Strategic Funding Round
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Summary
Yellow Card announced a $40 million project funding round led by SC Ventures, Sony Innovation Fund, Polychain Capital, and Blockchain Capital. The blockchain innovation initiative will use the funds to scale its Global USD Accounts and expand stablecoin pathways for enterprises. The funding announcement underscores ongoing interest in stablecoin infrastructure as the company aims to connect global markets.
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