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PhotonPay Completes $40 Million Series C Financing

On October 29, Hong Kong payment operating system PhotonPay completed a $40 million Series C financing round, led by Blockchain Capital, with participation from SBI Group, IDG Capital, GL Ventures, and Lightspeed Faction. The funds will be used to expand multi-asset wallets, global issuance, and local clearing infrastructure, as well as to develop financial tools for AI agents.

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