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ECB Taps G+D, Nexi, Capgemini for Offline Digital Euro

BusinessWireOctober 13, 20257 min
Advancing the preparation of a digital euro, the European Central Bank (ECB) has announced the conclusion of the framework agreements for each of the five digital euro negotiated procurement procedures. A cooperation between Giesecke+Devrient (G+D) partnering with Nexi and Capgemini has now been selected as the first ranked tenderer in the framework agreement to provide an end-to-end solution to make digital euro payments offline available to users and merchants across Europe. The ability to pay...

Obita Raises $10M to Build Stablecoin Cross-Border Payments

PRNewswireSeptember 2, 20258 min
Obita, an enterprise-level cross-border payment and digital financial network, announced the completion of its angel round financing exceeding US$10 million. The round was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other prominent institutions and individual investors. The funds will be allocated to system R&D, compliance infrastructure development, and global market expansion, accelerating the deployment of its stablecoin-based cross-border payment network. Amid a global wave of stablecoin legislation and compliance advancements, cross-border payments are undergoing a...

Dakota Raises $12.5M Series A to Revolutionize Business Banking

PRNewswireJuly 17, 20259 min
Dakota, the crypto-integrated business banking platform, today announced it has raised $12.5 million in a Series A funding round led by CoinFund, with participation from 6th Man Ventures (6MV) and Triton Ventures. The new capital will accelerate Dakota’s mission to build the world’s first globally accessible business bank account, combining the speed and transparency of stablecoins with the safety of U.S. Treasuries to enable modern, borderless finance. Founded by veterans from Coinbase, Square, and Airbnb, Dakota is reimagining how...
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