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Headquartered in Los Angeles, digital bank Fasset announced the completion of a $51 million Series B funding round, with investors including Japan's SBI Group, Investcorp, and Turkey's asset management company Arz Portföy, with specific valuation undisclosed. Fasset is committed to building financial services on blockchain and stablecoin tracks, currently operating over 50 payment channels in Asia, Africa, and the Middle East, serving more than 1,000 small and medium-sized enterprises in 125 countries, with an annualized transaction volume exceeding $32 billion. (CoinDesk)