Singapore Gulf Bank Seeks $50M Funding and Stablecoin Acquisition in 2025

Quick Summary:

The bank aims to raise at least $50 million in funding and acquire a stablecoin payment company as part of its strategy to solidify its position in the evolving financial landscape.

This move is expected to strengthen its payment capabilities and position the bank as a leader in integrating traditional and digital asset services.

This funding round highlights the bank’s commitment to bridging the gap between traditional banking and digital assets.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United StatesBahrainSingapore

Topics: 2025 Bank Gulf Bitcoin Digital Singapore Sovereign Traditional Strategy Crypto Payment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 08:35:40 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 228 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23819343

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News Last Updated: 8 hours ago

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