16:9 Funding, fundraise, dollars (Gerd Altmann/Pixabay):
Stablecoin infrastructure platform BVNK has raised $50 million in Series B funding as it seeks to expand its U.S. operations. Formed in late 2021, BVNK raised $40 million in Series A funding the following May and won registration in Spain a few months later. For the past year, the London-based company has been expanding in the U.S., opening an office in San Francisco, building a team and applying for operational licenses.