Stablecoin payments firm RedotPay says it has become a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures. Stablecoin payments firm RedotPay said it has joined the ranks of fintech unicorns after securing a $47 million strategic investment round. The raise saw participation from Coinbase Ventures, with continued backing from Galaxy Ventures and Vertex Ventures, and support from a global tech entrepreneur whose identity has not been disclosed, according to an announcement shared with Cointelegraph. In venture capital, a unicorn refers to a privately held startup valued at $1 billion or more.“Having Coinbase Ventures join us, along with the continued support from Galaxy Ventures and Vertex Ventures, validates the progress we’ve made and the confidence investors have in our vision,” CEO Michael Gao said. Read more Stablecoin payments firm RedotPay says it has become a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures. Stablecoin payments firm RedotPay said it has joined the ranks of fintech unicorns after securing a $47 million strategic investment round. The raise saw participation from Coinbase Ventures, with continued backing from Galaxy Ventures and Vertex Ventures, and support from a global tech entrepreneur whose identity has not been disclosed, according to an announcement shared with Cointelegraph. In venture capital, a unicorn refers to a privately held startup valued at $1 billion or more.“Having Coinbase Ventures join us, along with the continued support from Galaxy Ventures and Vertex Ventures, validates the progress we’ve made and the confidence investors have in our vision,” CEO Michael Gao said. Read more
Crypto payments company RedotPay claims unicorn status with $47M raise
Stablecoin payments firm RedotPay says it has become a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures.
Stablecoin payments firm RedotPay said it has joined the ranks of fintech unicorns after securing a $47 million strategic investment round.
The raise saw participation from Coinbase Ventures, with continued backing from Galaxy Ventures and Vertex Ventures, and support from a global tech entrepreneur whose identity has not been disclosed, according to an announcement shared with Cointelegraph. In venture capital, a unicorn refers to a privately held startup valued at $1 billion or more.
“Having Coinbase Ventures join us, along with the continued support from Galaxy Ventures and Vertex Ventures, validates the progress we’ve made and the confidence investors have in our vision,” CEO Michael Gao said.
Read more
Market Opportunity
Notcoin Price(NOT)
$0.0005529
$0.0005529$0.0005529
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Fed Decides On Interest Rates Today—Here’s What To Watch For
The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Sonami Token Presale Launches With 53% Staking Rewards, Powering a Solana Layer-Two Network Vision
The post Sonami Token Presale Launches With 53% Staking Rewards, Powering a Solana Layer-Two Network Vision appeared on BitcoinEthereumNews.com. Sonami Token Presale
Share
BitcoinEthereumNews2026/01/21 16:05
Will Intel stock keep soaring as Q4 earnings approach?
The post Will Intel stock keep soaring as Q4 earnings approach? appeared on BitcoinEthereumNews.com. Even though Intel (INTC) was once the world’s largest semiconductor
Share
BitcoinEthereumNews2026/01/21 16:24