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London-based crypto startup BVNK has successfully raised $50 million in a Series B funding round, with notable backing from Haun Ventures, Coinbase Ventures, and Tiger Global. This funding aims to enhance BVNK's capabilities in the stablecoin market, where it reported $10 billion in annual payment volumes and a 200% year-over-year growth. The company is valued at approximately $750 million and plans to expand its operations into major U.S. markets, including San Francisco and New York City, by 2025. BVNK intends to compete with established players such as Paxos, Circle, and Ripple as interest in stablecoin infrastructure continues to rise.
In its latest funding round, @BVNKFinance secured $50M to scale its stablecoin-focused payment platform w/ support from StepStone platform manager @HaunVentures. BVNK aims to bridge traditional finance with crypto innovation. More here: https://t.co/ouBEPafXXG
EXCLUSIVE: Crypto startup BVNK raises $50 million at around $750 million valuation amid red-hot stablecoin interest. https://t.co/i5Fst2eY9Q
Ban100 regresa al mercado de capitales con titularización por $48.000 millones. 📊 Es el tercer programa de titularización certificado por Sustainable Fitch, con calificación AAA y un tramo inicial de $48.000 millones. Detalles. ⬇️ https://t.co/yf7i9SPLIa
