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Wu Blockchain·2026-08-24 05:17
Stablecoin Neobank Fasset Valued at $1 Billion After $68M SBI-Led Funding RoundStablecoin neobank Fasset has raised $68 million in a funding round led by Japan’s SBI Group at a $1 billion valuation, according to CoinDesk.The company also raised $51 million in May, bringing Fasset’s total funding this year to $119 million. CEO Mohammad Raafi Hossain said the company processes more than $40 billion in annualized transaction volume across 125 countries, while revenue has grown sixfold year over year. ...