Insider: Stablecoin Payment Company BVNK is Seeking $50 Million in Funding

BlockBeats News, November 15th, according to Bloomberg citing sources familiar with the matter, BVNK, a stablecoin payment company backed by Tiger Global, is in preliminary funding talks with potential investors, planning to raise at least $50 million. The valuation and specific amount of this round of funding may change during the negotiation process.

This funding round for BVNK comes shortly after payment giant Stripe's acquisition of a key player in the stablecoin payment sector, demonstrating venture capital's continued optimism for the stablecoin payment field.