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Gobi Ventures invests in Transak to expand Asia's compliant stablecoin and digital asset payment infrastructure
ME News Report, April 9 (UTC+8), according to official sources, Gobi Partners announced an investment in global payment infrastructure provider Transak to support the expansion of compliant stablecoins and digital asset payment services in Asia.
Transak was founded in 2019, offering a regulated payment layer that enables two-way exchange between fiat and digital assets through a single API, covering KYC, anti-money laundering, risk monitoring, licensing requirements, and local payment integrations.
The company has obtained 21 regulatory approvals in the United States, the United Kingdom, the Eurozone, Australia, Canada, and India, and is about to expand into the Middle East, Latin America, and the Asia-Pacific region.
Transak has established its Asia-Pacific headquarters in Hong Kong and plans to deepen integration with regional payment networks and banking partners. (Source: PANews)