News Snapshot:
$13 M raised by Asian crypto finance platform Pre-series capital has been raised in XLD Finance, a decentralised ecosystem built on stablecoin, for US $13 million. Two cryptocurrency investors, Dragonfly Capital and Infinity Ventures Crypto are leading a financing round. The platform creates the infrastructure necessary to connect Web3 and cryptocurrency initiatives to conventional funding. Payments, disbursements, and crypto-to-fiat offramp APIs are some of its goods. With a total merchant network of over 10,000 partners, XLD Finance presently conducts business in the Philippines, Indonesia, Malaysia, Vietnam, India, and Bangladesh. The money will go toward expanding XLD Finance’s product and technical...
