Stablecoin payment firm dtcpay secures strategic investment from SBI Group, Series A reaches $25 million

On September 18, stablecoin payment company dtcpay announced a strategic investment from Japan's SBI Group, expanding its Series A funding to $25 million. The round was led by Vertex Ventures (Temasek) in April, with participation from Genedant Capital and Capella Hotel Group founder Horst Schulze. SBI Group plans to collaborate with dtcpay to expand digital asset corridors in Japan and Southeast Asia. dtcpay is a Visa member and operates with licenses in Singapore, Hong Kong, Luxembourg, Australia, the US, and Canada.