Blockchain infrastructure company DSRV completes KRW 16 billion Series B funding round

According to Jinse Finance, South Korean blockchain infrastructure service provider DSRV has announced the completion of a 16 billion KRW (approximately 11.6 million USD) Series B funding round, with participation from Korean investment institutions such as Intervest and NH-SK Securities. The company also plans to conduct a new round of financing with several financial institutions by the end of next month. DSRV holds a Virtual Asset Service Provider (VASP) license and is preparing for an IPO and the release of an SOC report. The new funds are intended to support the integration of traditional and digital assets, as well as to expand new businesses such as stablecoins and custody services.