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Blockchain company Startale Group completes $63 million Series A funding round
Golden Finance reports that on March 26, Startale Group, headquartered in Singapore with a focus on Japan, announced the completion of a $63 million Series A funding round. This round was led by SBI Group with an additional $50 million, combined with $13 million led by Sony Innovation Fund in January.
The company focuses on blockchain financial infrastructure, with products including security tokens and RWA chain Strium, JPY and USD stablecoins, and consumer applications Startale built on Sony’s L2 network Soneium. The funds will be used to expand Strium’s business, promote stablecoin adoption, and develop Startale into a “super app” for asset management and payments.