Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.
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- Fasset, which offers stablecoin-powered banking services across Asia and other emerging markets, raised $68M at a $1B valuation, after raising $51M in May (Krisztian Sandor/CoinDesk) coindesk.com
- Stablecoin platform Fasset hits $1bn valuation finextra.com
- SBI Group backs US stablecoin startup Fasset at $1b valuation techinasia.com