PANews, August 4: Stablecoin infrastructure company Yellow Card announced the completion of a $40 million strategic funding round, with investors including SC Ventures (the venture arm of Standard Chartered), Sony Innovation Fund, Polychain Capital, and Blockchain Capital. The proceeds will be used to expand Yellow Card’s Global USD Accounts service and enhance its stablecoin payment infrastructure connecting global markets. The company has now raised over $120 million in total equity financing. Chris Maurice, CEO and co-founder of Yellow Card, stated that the company is building infrastructure that enables global businesses to transfer funds without relying on traditional correspondent banking systems.
Yellow Card Completes $40M Strategic Funding Round Led by SC Ventures and Sony Innovation Fund
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Summary
Yellow Card has secured $40 million in strategic funding, led by SC Ventures and Sony Innovation Fund, with participation from Polychain Capital and Blockchain Capital. The funds will expand Global USD Accounts and scale stablecoin payment infrastructure. Funding rates remain a key metric for investors tracking market sentiment. The company has now raised over $120 million in equity. The Fear and Greed Index currently reflects moderate optimism among traders.
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