Stablecoin infrastructure provider Yellow Card closes $40 million strategic funding

Comparatively, global stablecoin infrastructure provider Yellow Card announced today that it has completed a $40 million strategic funding round. Investors include SC Ventures, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors under Standard Chartered Bank.

This round of funding will be used to expand the size of Global USD Accounts (Yellow Card's end-to-end dollar accounts for enterprises) and expand the stablecoin track connecting to the global market. Yellow Card's cumulative equity funding has surpassed $120 million.

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