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OpenFX, a startup that focuses on foreign-exchange market making and remittances, raises $94 million.
OpenFX raised $94 million in a funding round, valuing the company at $500 million.
KEY POINTS
- Over 98% of OpenFX transactions settle in under 60 minutes using stablecoins.
- OpenFX processed $45 billion in annualized payment volume, up from $4 billion last year.
- The new funding will support expansion into Southeast Asia and Latin America.
COMPANIES
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