đ BVNK, a London-based stablecoin infrastructure company, has raised $50 million in a Series B round led by Haun Ventures, with plans to expand into the US. With a new valuation of $750 million, BVNK is setting up shop in San Francisco and NYC, aiming to build local banking infrastructure and secure operational licenses.
- Investors include Coinbase Ventures and Tiger Global.
- BVNK's payment volumes have soared, boasting a 200% year-on-year growth.
- The company will compete with big names like Paxos and Ripple.
Looks like stablecoins are here to stay, and BVNK is ready to ride the wave! đ