Transak raises $16 million in funding led by IDG and Tether

On August 12, Web3 payment infrastructure company Transak raised $16 million in strategic financing, with this round led by IDG Capital and Tether, and participated by Primal Capital, 1kx, Protein Capital, and Fuel Ventures.

Transak plans to use the funds to expand its stablecoin payment stack and enter new markets.

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ZeroRushCaptainvip
· 1h ago
Money burns quickly.
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CryptoSourGrapevip
· 2h ago
It's really nice to be wealthy.
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ForkItAllvip
· 08-12 13:39
Stability is key.
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OldLeekMastervip
· 08-12 13:28
Stablecoin is on the rise.
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TooScaredToSellvip
· 08-12 13:25
The funds really come quickly.
View OriginalReply0
UnluckyValidatorvip
· 08-12 13:17
The payment track is really good.
View OriginalReply0
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