Startale Group Completes $63 Million Series A Funding Round with SBI and Sony Participating

Odaily News Startale Group has completed a $63 million Series A funding round, with SBI Group investing $50 million and Sony Innovation Fund investing $13 million. This round of funding will be used to advance its on-chain infrastructure layout, including areas such as Layer 2 networks, stablecoins, and tokenized securities. Startale stated that the funds will also be used to expand the on-chain capital market in Asia and promote the implementation of related products.