defi ·
Griffin raises $20 million to expand stablecoin payments
Griffin, a bank situated in London, has secured $20 million in funding.
This capital infusion is designated for the expansion of its stablecoin payment operations.
The Series B funding round was spearheaded by Octagon Partners.
As a result of this investment, the London-based entity's valuation now exceeds $100 million.
This development signals increasing institutional appetite for regulated financial infrastructure supporting digital assets.
The successful Series B round underscores the growing convergence between traditional banking structures and decentralized finance mechanisms.
