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Gobi Ventures invests in Transak to expand Asia's compliant stablecoin and digital asset payment infrastructure
ME News, April 9 (UTC+8): According to official information, Gobi Partners announced that it is investing 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 and digital assets through a single API, covering KYC, anti-money laundering, risk monitoring, license requirements, and local payment integration.
The company has obtained 21 regulatory approvals in the United States, the United Kingdom, the Eurozone, Australia, Canada, and India, and is expected to expand into the Middle East, Latin America, and the Asia-Pacific region.
Transak has set its Asia-Pacific headquarters in Hong Kong and plans to deepen integration with regional payment networks and banking partners. (Source: PANews)