In today’s briefing:
- Tether, Solana co-founder back Oobit’s US$25M Series A round | e27
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Tether, Solana co-founder back Oobit’s US$25M Series A round | e27
- Singapore-based crypto payment app Oobit has concluded its US$25 million Series A investment round.
- The backers in this round include the investment arm of USDT parent company Tether, CMCC Global’s Titan Fund, 468 Capital, and Solana co-founder Anatoly Yakovenko.
- The startup plans to use the funds to expand into Latin America, the UAE, the Asia-Pacific, Canada, and Australia beyond its primary markets in the European Union and the UK.