Funding Weekly Report | Mastercard Acquires Stablecoin Infrastructure Company BVNK; Yellow Card Completes $40 Million Strategic Funding with Standard Chartered, Sony, and Others Participating
- Mastercard has completed the acquisition of stablecoin infrastructure company BVNK to enhance its global stablecoin service capabilities.
- Yellow Card announced the completion of a $40 million strategic funding round with participation from Standard Chartered, Sony, and others.
- The funding will be used to expand Yellow Card’s Global USD Accounts service and broaden its stablecoin payment infrastructure.
Last week, Mastercard announced the completion of its acquisition of BVNK, a stablecoin infrastructure company, which aims to enhance its capabilities in global stablecoin services. This acquisition was previously planned for up to $1.8 billion.
In another development, Yellow Card, a stablecoin infrastructure company, reported the successful completion of a $40 million strategic funding round. This funding round saw participation from notable investors including Standard Chartered and Sony.
The funds raised by Yellow Card will be directed towards expanding its Global USD Accounts service and enhancing its stablecoin payment infrastructure, which aims to facilitate smoother transactions in global markets.
融资周报 | 万事达收购稳定币基础设施公司BVNK; Yellow Card完成与标准 Chartered、索尼等参与的4000万美元战略融资
上周，万事达宣布已完成对稳定币基础设施公司BVNK的收购，旨在增强其全球稳定币服务能力。此次收购的计划金额最高可达18亿美元。
另一个进展是，稳定币基础设施公司Yellow Card报告成功完成了4000万美元的战略融资。这轮融资得到了标准 Chartered和索尼等知名投资者的参与。
Yellow Card筹集的资金将用于扩展其全球美元账户服务，并增强其稳定币支付基础设施，旨在促进全球市场的更顺畅交易。