logo

Transak has completed a $16 million strategic fundraising round, with Tether and IDG Capital co-leading the investment.

By: theblockbeats.news|2025/08/12 13:42:03

BlockBeats News, August 12th, Web3 payment infrastructure company Transak raised $16 million in a strategic financing round, led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital, and Fuel Ventures.


Transak plans to use this funding to expand its stablecoin payment stack and enter new markets.

Brad: Willing to act in accordance with Secretary Yellen's wishes, or accept the position of Fed Chair
Grayscale Launches DeepBook (DEEP) and Walrus (WAL) Trust Products

You may also like

Share
copy

Gainers

Latest Crypto News

04:45

Franklin Templeton XRP Spot ETF AUM Surpasses $100 Million

04:45

「ZEC&MON Top Short in History」 Take-Profit Section: The ZEC short position has made a profit of over $5 million, while simultaneously shorting MON has a unrealized gain of nearly $2 million.

04:45

Franklin Crypto Index ETF Adds ADA and 6 Other Tokens

04:45

Web3 robotics company XMAQUINA has announced the completion of a new funding round, led by Borderless.

04:15

「Whale」 Continuously Added to ETH Long Position for Nearly 2 Hours, Increasing Holdings to $8.8 Million

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]