Transak Raises $16 Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure

Transak, a fiat-to-crypto infrastructure supplier, has raised $16 million in a strategic funding spherical led by Tether and IDG Capital to boost its stablecoin funds infrastructure and broaden operations into new markets. The funding spherical additionally noticed participation from a number of buyers, together with Primal Capital, 1kx, and Protein Capital. With over $2 billion in processed transaction […]



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