Blockchain infrastructure company DSRV completes KRW 16 billion Series B financing

According to Golden Finance, South Korean blockchain infrastructure service provider DSRV announced that it has completed a Series B financing of KRW 16 billion (approximately USD 11.6 million), with participation from South Korean investment institutions such as Intervest and NH-SK Securities. The company also plans to conduct a new round of financing with multiple financial institutions by the end of next month. It is reported that DSRV holds a Virtual Asset Service Provider (VASP) license and is preparing for an IPO and releasing an SOC report. The new funds are intended to support the integration of traditional and digital assets, expand new businesses such as stablecoins and custody.