Stablecoin Neobank Fasset Hits $1 Billion Valuation After $68M SBI-Led Funding Round
Stablecoins
Arbitrum
digital bank
Ethereum Layer 2
Fasset
funding round
remittance
SBI Group
Stablecoin
TLDR: Fasset raised $68M led by SBI Group, reaching a $1 billion valuation. Total 2026 funding hits $119M after a $51M round closed in May. Fasset processes over $40 billion in annualized volume across 125 countries. SBI Remit access gives Fasset reach across roughly 470,000 global locations. Fasset, a stablecoin-powered digital bank, has raised [...]
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Source: Source: Blockonomi