Griffin has successfully raised $20 million in a Series B funding round, aiming to enhance its stablecoin reserve services and onchain cross-border payment solutions. According to CoinTelegraph, this latest funding round values the company at over $100 million.
The capital injection will support Griffin’s efforts to improve the infrastructure behind stablecoins and enable more efficient cross-border transactions on blockchain networks. This move highlights growing investor confidence in crypto firms focused on payment innovation.
For Japanese market participants, Griffin’s progress signals increasing global momentum in blockchain payment systems, a sector where Japan continues to foster regulatory frameworks to encourage innovation in digital assets and cross-border finance.