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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

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StablecoinsBanking InfrastructureUK RegulationInstitutional Adoption