Crypto
Gauntlet raises $125 million in Series C to expand stablecoin-supported currencies
Crypto yield curator Gauntlet raised $125 million in a Series C round. A recent report by The Block said Japan\'s SBI Holdings made the sole investment through its U.S. subsidiary, SBI Holdings USA. Gauntlet plans to use the funds to expand stablecoin-supported currencies beyond the dollar and euro to include the Mexican peso and Japanese yen. It also plans to launch new on-chain products and expand its global team with AI-assisted operations.
