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Singapore Gulf Bank to Raise Funds, Buy Stablecoin Payments Firm

Singapore Gulf Bank is seeking to raise at least $50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with direct knowledge of the matter.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 25

Introduction

Singapore Gulf Bank is seeking to raise at least $50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with direct knowledge of the matter.

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