Pave Bank Raises $39 Million for Global Expansion of Crypto Banking

Crypto-focused bank Pave Bank has secured $39 million in funding to fuel its expansion into new markets and deepen integration with traditional financial systems. The Series A round, led by Accel and Tether Investments, will support the development of compliant, automated banking solutions for institutions globally. This funding marks a significant step towards bridging the gap between crypto and fiat currencies, paving the way for more efficient and secure transactions.