Openmarkets Group aims to raise 50 million USD for DeFi and global expansion

Openmarkets Group aims to raise 50 million USD for its DeFi expansion and entry into international markets, including Singapore, Hong Kong, and the United States.

The funds will support launching a cryptocurrency trading service, tokenizing real-world assets, and establishing a digital treasury for managing cryptocurrencies and stablecoins.

CEO Dan Jowett shared that the treasury will be managed by third-party institutions introducing strategic investments, with a focus on illiquid assets and discussions with liquidity providers like HashKey.

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