sdev - Tether Invests in SDEV's $134M Funding Round
Odaily Planet Daily reports that stablecoin issuer Tether has announced its participation, through its investment arm, in a $134 million funding round for Stablecoin Development Corporation (SEDV), which also includes investments from institutions such as Framework Ventures. Stablecoin Development Corporation, acting as an on-chain holding platform, is building an ecosystem around real-world applications of stablecoins and DeFi, covering use cases such as payments, transfers, and cross-platform fund flows. The company is committed to enhancing user experience and lowering adoption barriers, providing public market investment opportunities for the stablecoin economy and advancing digital asset infrastructure.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
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