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UK Digital Bank Griffin Raises $20M to Expand Stablecoin Services
(1 hour ago) · 1 source · Summarized by CryptoBipto
Griffin, a UK-based digital banking infrastructure provider and banking partner to Uber in the UK, has raised $20 million in funding to develop stablecoin-related services. The funding round reportedly values the company at around $100 million.
WHY IT MATTERS
Think of Griffin as a behind-the-scenes technology company that helps other businesses handle banking tasks.
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SOURCES
- cointelegraph.com
RELATED
StablecoinsBanking InfrastructureUK RegulationInstitutional Adoption
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- What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.
- How are institutions and regulators approaching crypto?What institutional adoption means in crypto, how spot ETFs and corporate treasury holdings work, and how regulation shapes what is available to ordinary users.
