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Transak completed a $16 million financing round, led jointly by IDG Capital and Tether.
Odaily News Web 3 payment infrastructure company Transak announced the completion of a new financing round of 16 million USD, led jointly by IDG Capital and Tether, with participation from Primal Capital, 1 kx, Protein Capital, and Fuel Ventures. Transak plans to use the funds to expand its stablecoin payment stack and enter new markets. (CoinDesk)