Streami: Receives Strategic Investment from Digital Currency Group

  • Streami Inc., a South Korean blockchain company, received a strategic investment from Digital Currency Group
  • The amount of the dealnot disclosed
  • The company also intends to use the funds to accelerate growth and its position as the most trusted digital asset platform in Korea
  • Founded in 2015 by CEO Junhaeng Lee, Streami operates GOPAX, Korea’s leading crypto exchange
  • On GOPAX platform, the company offers GOFi, savings products that allow GOPAX users to earn interest on crypto assets
  • The investment also includes an exclusive regional partnership between Streami and Genesis, a large digital asset lender and a DCG subsidiary, to offer flexible and fixed-term savings products
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

HSBC Strengthens Investment in Enterprise Payments Firm Candex

HSBC's latest investment aims to enhance enterprise payment solutions.Highlights: HSBC invests in Candex to improve payment technologies.The investment...

Mastercard Unveils New GenAI Model for Enhanced Payments Processing

The innovative model aims to streamline transactions and reduce fraud.Highlights: Mastercard launches a new GenAI model to improve...

Cleafy Secures $12 Million to Strengthen Bank Fraud Protection

Investment aims to enhance cybersecurity solutions for financial institutions.Highlights: Cleafy raised $12 million in a funding round.The investment...

Investor Onboarding Startup Steward Secures $5 Million Funding Round

Steward aims to enhance the investor onboarding process with new capital.Highlights: Steward secures $5 million in funding.Funding will...