Gobi Ventures invests in Transak to expand Asia's compliant stablecoin and digital asset payment infrastructure

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ME News message: On April 9 (UTC+8), according to official information, Gobi Partners announced an investment in global payment infrastructure provider Transak to support the expansion of compliant stablecoin and digital asset payment services in Asia.

Transak was introduced as having been founded in 2019 and providing a regulated payment layer that enables two-way exchange between fiat currency and digital assets through a single API, covering areas including KYC, anti-money laundering, risk monitoring, licensing requirements, and local payment integration.

The company has already obtained 21 regulatory approvals in the United States, the United Kingdom, the Eurozone, Australia, Canada, and India, and is set to expand into the Middle East, Latin America, and the Asia-Pacific region.

Transak has placed its Asia-Pacific headquarters in Hong Kong and plans to deepen integration with regional payment networks and banking partners. (Source: PANews)

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