The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facil...
Tag: ChinaBacked
Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation
Del Wang, cofounder and CEO of Babel Finance. Babel Finance Babel Finance, a Hong Kong-based crypto lender and asset manager, has secured $80 million from investors including crypto venture firms Drag...
China-Backed BSN to release infrastructure this month to support NFTs: Report
China-backed Blockchain Services Network will introduce infrastructure this month to support NFTs that have no link to cryptocurrencies, which are banned in China, the South China Morning Post reporte...