【Singapore's Gulf Bank plans to raise at least 50 million USD and acquire a stablecoin payment company】According to Golden Finance reports, sources familiar with the matter revealed that Singapore's Gulf Bank is seeking to raise at least 50 million USD in a financing round and plans to acquire a stablecoin payment company next year. This startup bank was founded by Singapore's family office Huangpu Group and has been licensed in Bahrain since February. It is in negotiations with Middle Eastern sovereign wealth funds and other investors to sell less than 10% of its equity before early 2025. They requested anonymity as this matter is being conducted privately.