Sony-backed Startale sets up Abu Dhabi operations after major Series A funding round
Crypto Briefing
Startale Group is expanding into Abu Dhabi's Hub71 following a successful $63 million Series A funding round.Summary
Blockchain infrastructure firm Startale Group, backed by Sony Innovation Fund and SBI Group, is establishing operations in the Abu Dhabi Global Market. This expansion follows a $63 million Series A funding round and the company's acceptance into Hub71’s Digital Assets cohort. Startale aims to leverage Abu Dhabi's regulatory framework to develop blockchain and stablecoin projects, including Soneium and the yen-backed stablecoin JPYSC, while serving as a strategic hub for its international growth.
(Source：Crypto Briefing)