BVNK has secured $50 million in Series B funding, led by Haun Ventures, to expand its stablecoin infrastructure into the US, targeting San Francisco and New York City. The London-based company, valued at approximately $750 million, aims to develop local banking infrastructure and operational licenses, competing with established players like Paxos and Circle. With over $10 billion in annual payment volumes and a 200% growth rate, BVNK is positioned to capitalize on the anticipated growth of the stablecoin market, projected to exceed $1 trillion by 2035.
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