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PANews
PANews|Oct 15, 2025 02:39
[Blockchain-Based Financial Services Company Telcoin Completes $25 Million Pre-A Round Financing] According to Businesswire, blockchain-based financial services company Telcoin announced the completion of a $25 million Pre-A round financing, aimed at funding the Telcoin Digital Asset Bank, which is scheduled to open later this year. This funding enables Telcoin to meet the capital requirements for its conditionally approved digital asset custody institution license in Nebraska, USA, helping the company bridge the blockchain economy with traditional banking services. The financing also supports Telcoin in creating the first bank-issued stablecoin, eUSD. Telcoin is described as a multinational fintech company serving 171 countries, integrating blockchain technology, telecommunications, and banking services. Telcoin provides secure, self-custodial blockchain payment and banking services globally, supported by its proprietary decentralized financial infrastructure.
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