People familiar with the matter: Stablecoin payment company BVNK is in talks to raise $50 million in a new round of financing

stablecoin payment company BVNK is in early talks with investors for a new round of financing, as interest in its position in the cryptocurrency market grows following a milestone acquisition by Stripe. Insiders say that the startup, backed by Tiger Global Management LLC, is in discussions with potential supporters with the goal of raising at least $50 million. These sources add that the size of the financing and BVNK's valuation may change in the early stages of negotiations.