On June 27th, Draper Dragon officially announced its investment in AllScale. It is reported that AllScale (allscale.io) focuses on opening up the last mile of enterprise-grade stablecoin payment, helping enterprises to complete collection, sales, payroll and other needs with compliance, security and simple use of stablecoins. The founding team of AllScale includes Kraken, Block, CapitalOne, OKX, TikTok and other payment products and compliance legal core members. Project investors and supporters include Deding Innovation, Amber Group, Meta Universe Capital, KuCoin Ventures, Oak Grove Ventures, Blockbooster, Movemaker, etc., and is also a member of the Hong Kong Cyberport incubator.
Draper Dragon originated from DFJ Fund in Silicon Valley and was co-founded in 2005 by globally influential venture capitalists and the first generation of domestic venture capital leaders. It is the core fund and governing unit of the global early-stage venture capital network alliance "Draper Venture Network".
Draper Dragon Announces Investment in AllScale
2025-06-27 09:49:59
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