Blockchain payment company Partior has completed a Series B funding round of $80 million, with Deutsche Bank joining as a new investor. Previously, in July 2024, Partior announced the completion of a $60 million funding round, with investors including Peak XV Partners, JPMorgan, Jump Trading Group, Standard Chartered Bank, Temasek, and Valor Capital Group. Partior was established in 2021, supported by financial institutions such as DBS Bank and JPMorgan. The company offers real-time clearing and settlement services through its blockchain platform, aiming to address the sequential processing issues in traditional payment systems. Patricia Sullivan, Global Head of Cash Management at Deutsche Bank, stated that the bank, as the largest euro clearing bank, plans to join the Partior platform as a euro and dollar settlement bank. This funding will be used to strengthen Partior's global expansion and develop new features such as intraday foreign exchange swaps. Notably, Deutsche Bank has been increasing its investments in the cryptocurrency sector in recent years and applied for a digital asset custody license with German financial regulators in June 2023. (cryptonews)