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Stablecoin Payment Company Latitude Secures $35 Million in Series A Funding

On September 9, stablecoin payment infrastructure company Latitude completed a $35 million Series A funding round, led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. The funds will be used to expand the team and obtain regulatory licenses in markets such as Southeast Asia, Latin America, and Africa. (Fortune)

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