StartaleGroup completes US$63 million in Series A financing, SBI participates in Sony

StartaleGroup completed US$63 million in Series A financing, including US$50 million invested by SBIGroup and US$13 million invested by SonyInnovation Fund. This round of financing will be used to promote its on-chain infrastructure layout, including Layer2 networks, stablecoins and tokenized securities. Startale said the funds will also be used to expand capital markets in the Asian chain and promote the implementation of related products.