Telcoin raises $25 million to launch regulated digital asset bank
ChainCatcher reported that Telcoin has completed a $25 million pre-A round of financing to launch Nebraska's first digital asset bank.
This bank has received conditional regulatory approval and will begin operations by the end of 2025. It will launch an eUSD stablecoin pegged to the US dollar, focusing on payment and cross-border remittance services. Telcoin integrates blockchain, telecommunications, and banking businesses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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