Stablecoin infrastructure provider PhotonPay announces completion of "tens of millions of dollars" Series B funding

GateNews

2026-01-12 01:14:56

BlockBeats News, January 12 — Stablecoin payment infrastructure provider PhotonPay announced that it has completed Series B funding led by IDG Capital, amounting to “tens of millions of dollars.” PhotonPay did not disclose its valuation.

The new funds will be used to accelerate the expansion of its stablecoin financial track, recruit key talent, and expand its regulatory influence globally, with a focus on the United States and some emerging markets.

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