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On May 7, according to Forbes, Visa invested in the stablecoin payment infrastructure platform BVNK through its venture capital arm, Visa Ventures. This is the first time Visa has directly invested in a startup in this field. This move is seen as a strong endorsement of the potential of stablecoins as a global payment infrastructure.
Currently, BVNK processes an annual transaction volume of up to 12 billion USD. Their clients include companies like Deel and dLocal. Previously, last year, the company completed a Series B funding round worth 50 million USD, led by Haun Ventures.
The information above is for market information purposes only and does not constitute investment advice.
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Source: https://tintucbitcoin.com/visa-ventures-dau-tu-bvnk-phat-trien-tien-dien-tu-on-dinh/
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