Baanx raises $20 million Series A led by Ledger and Tezos
Quick Take: Baanx has reportedly raised a $20 million Series A. Ledger, Tezos, Chiron and British Business Bank led the round.
Ledger is a crypto hardware wallet manufacturer that offers a Baanx-powered pre-paid crypto debit card.
The funding is reportedly being dedicated to introducing services in the United States and Latin America this year. Baanx's total funding is now over $30 million.
Based out of London, the firm signed a three-year partnership with Mastercard in the U.K. and Europe.
Baanx's token, BXX, is up roughly 8% over the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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