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Fasset says it raised $68 million at a $1 billion valuation

Stablecoin-focused digital bank Fasset said it raised $68 million in a funding round led by Japan's SBI Group, according to CoinDesk as summarized by Techmeme. The company offers stablecoin-powered banking services across Asia and other emerging markets. The reported valuation is $1 billion. Fasset had previously raised $51 million in May, the summary says.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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