Blockchain financial infrastructure startup CloudTech has completed a $14 million Series A funding round.

PANews June 11 news, according to Startupdaily, the blockchain financial infrastructure startup CloudTech based in Melbourne, Australia announced the completion of a $14 million Series A financing. It is reported that approximately $11 million of this funding transaction was provided in the form of Bitcoin and stablecoin USDT. The company currently covers OTC Trading, stablecoin solutions, and CobWeb Pay, which allows converting Crypto Assets into Australian dollars for regular shopping. The new funds are intended to launch institutional-level digital asset custody solutions.

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