SBI Group Becomes Strategic Investor in Singapore Stablecoin Payments Firm DTCPay

Singapore-based stablecoin payments provider DTCPay has secured $25 million in a Series A funding round, with Japan’s SBI Group joining as a strategic investor. The investment, made through SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund, supports DTCPay’s efforts to expand its merchant network and payment product offerings. The round was led by Vertex Ventures Southeast Asia & India, with participation from Genedant Capital and existing investor Kwee Liong Tek. DTCPay, a regulated Major Payment Institution in Singapore and an Electronic Money Institution in Luxembourg, provides infrastructure for stablecoin transactions and merchant point-of-sale services.