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Web3 payments infrastructure firm Transak completes $16 million funding round

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2025-08-12 13:09:34
Web3 payments infrastructure company Transak announced the completion of a new round of financing of $16 million, led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital and Fuel Ventures.
Transak plans to use the funds to expand its stablecoin payment stack and enter new markets.
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