【Crypto World】This month, a leading digital asset company completed a new round of equity financing, raising approximately $500 million, with the company’s valuation reaching about $40 billion. Well-known investment institutions such as Fortress and Citadel joined for the first time, and existing crypto funds also continued to participate.
The company’s president stated that the funds are mainly allocated to two areas: first, supporting business growth; second, integrating four strategic acquisitions recently completed. The current focus of the team is to organically merge these new businesses while expanding the digital asset infrastructure footprint for global financial institutions.
It is noteworthy that the company is increasing its investment in stablecoin payments and real-world financial applications. They emphasize that through secure custody, strict compliance procedures, and regulated deposit and withdrawal channels, they have achieved a shift from a single-asset focus to a multi-ecosystem approach — no longer concentrating on a specific coin, but building a more comprehensive financial infrastructure platform.
As of now, the company has obtained over 70 business licenses worldwide, with ongoing deepening of regulatory deployment. Although the market is optimistic about its prospects and the financing agreement includes protective clauses such as buyback rights, the company currently has no plans for an IPO. The president emphasized that the company’s asset-liability situation is healthy and that they are exploring other growth avenues, including the possibility of applying for a US limited banking license.
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FrogInTheWell
· 01-07 16:27
Starting to tell stories again, a 40 billion valuation raising 500 million, this financing ratio is really a bit outrageous.
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StealthDeployer
· 01-07 16:25
A valuation of 40 billion and you just want to sell me the compliant dream? Fortress and Citadel are stepping in, it seems this time they really want to play big... However, how stablecoin payments will be implemented still depends on the actual situation.
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GateUser-3824aa38
· 01-07 16:24
400 billion valuation, Fortress and Citadel are both here? This indicates that this sector is really taking off; compliance + infrastructure are the future.
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GasWhisperer
· 01-07 16:06
5 billion feels like just the opening move... fortress and citadel finally waking up to the infrastructure game? smells like the market's finally pricing in what we've known for months. four acquisitions at once though, that integration curve's gonna be messy ngl
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MEVSandwichMaker
· 01-07 16:02
A valuation of 40 billion and still raising funds, what’s the point? Is it an addiction to fundraising? Fortress has also come in, which indicates there’s some real substance, but no matter how good the stablecoin payment system sounds, it still depends on the regulators' approval.
Behind the $500 million funding: How a leading company is shaping financial infrastructure and regulatory ecosystem
【Crypto World】This month, a leading digital asset company completed a new round of equity financing, raising approximately $500 million, with the company’s valuation reaching about $40 billion. Well-known investment institutions such as Fortress and Citadel joined for the first time, and existing crypto funds also continued to participate.
The company’s president stated that the funds are mainly allocated to two areas: first, supporting business growth; second, integrating four strategic acquisitions recently completed. The current focus of the team is to organically merge these new businesses while expanding the digital asset infrastructure footprint for global financial institutions.
It is noteworthy that the company is increasing its investment in stablecoin payments and real-world financial applications. They emphasize that through secure custody, strict compliance procedures, and regulated deposit and withdrawal channels, they have achieved a shift from a single-asset focus to a multi-ecosystem approach — no longer concentrating on a specific coin, but building a more comprehensive financial infrastructure platform.
As of now, the company has obtained over 70 business licenses worldwide, with ongoing deepening of regulatory deployment. Although the market is optimistic about its prospects and the financing agreement includes protective clauses such as buyback rights, the company currently has no plans for an IPO. The president emphasized that the company’s asset-liability situation is healthy and that they are exploring other growth avenues, including the possibility of applying for a US limited banking license.