Stablecoin payments firm dtcpay raised $25M Series A led by SBI Group.
DeFi & Yields ·
Stablecoin payments firm dtcpay closed a $25 million Series A funding round led by SBI Group. The capital infusion supports the company's plans to expand its merchant network and enterprise platform capabilities.
The funding reflects continued institutional interest in stablecoin-based payment infrastructure, particularly from traditional finance players seeking exposure to blockchain settlement rails. SBI Group's participation signals backing from a major Japanese financial services conglomerate for dtcpay's approach to merchant payments.
Details on the round's valuation, other investors involved beyond SBI Group, and specific timelines for the merchant expansion remain unclear from available reports.