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Korean blockchain infrastructure provider DSRV completed a Series B funding round totaling approximately $21.12 million.
PANews, October 17 - According to official news, South Korean blockchain infrastructure provider DSRV has completed a Series B financing round totaling 30 billion KRW (approximately 21.12 million USD). This Series B financing is conducted in two phases: the first phase involved participation from Intervest, SK Securities, and Nice Investment Partners; the second phase attracted new investors including NXVP, Han River Partners, IBK Capital, and S2L Partners. According to reports, DSRV provides infrastructure for over 70 blockchain networks worldwide, managing more than 40 trillion Korean Won in digital assets. Last year, DSRV's annual sales reached approximately 10.7 billion Korean Won. Relying on this round of financing, DSRV plans to accelerate its global market deployment, with specific measures including: attracting key talents; developing advanced stablecoin and payment infrastructure technologies; expanding staking services; and entering the markets of the United States, Japan, and Africa.