Transak, a global enabler of fiat-to-crypto infrastructure, has raised $16 million in strategic funding to expand its ...

Transak secures $16M from Tether, IDG Capital to expand compliant stablecoin payments and scale into global emerging markets.

Fiat-to-crypto infrastructure provider Transak has raised $16 million in funding to expand its stablecoin payments stack.

Transak plans to use the funds to expand its stablecoin payments stack and enter new markets, the company said.

Transak, the foremost fiat-to-crypto infrastructure platform, has secured a $16-million strategic-funding round that will be ...