dsrv

ChainCatcher news, according to official sources, South Korean blockchain infrastructure provider DSRV has completed a Series B funding round totaling 30 billion KRW (approximately 21.12 million USD). This Series B funding round was 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.It is reported that DSRV provides infrastructure for over 70 blockchain networks worldwide and manages more than 40 trillion KRW in digital assets. Last year, DSRV's annual sales reached approximately 10.7 billion KRW. With this funding round, DSRV plans to accelerate its global market expansion, with specific measures including: attracting core talent; developing advanced stablecoin and payment infrastructure technologies; expanding staking services; and entering the markets of the United States, Japan, and Africa.

ChainCatcher news, according to a report by Edaily, South Korean blockchain infrastructure provider DSRV has completed a Series B funding round of approximately 16 billion KRW (about 11.6 million USD). This round of investment was participated by major South Korean investment institutions such as Intervest and NH-SK Securities, and a second round of financing involving multiple financial institutions is expected to take place at the end of next month.It is reported that DSRV provides infrastructure for over 70 blockchain networks globally, managing more than 40 trillion KRW in digital assets. Last year, DSRV's annual sales reached approximately 10.7 billion KRW, with a net profit of 3 billion KRW during the same period. The company plans to increase sales in new business areas such as stablecoins and custody services, and officially advance its global market expansion in regions including the United States, Japan, and Africa.

ChainCatcher news, according to South Korean media reports, South Korean blockchain infrastructure company DSRV announced that it expects to achieve revenue of 10 billion KRW (approximately 7.6 million USD) and an operating profit of 3 billion KRW in 2024, a year-on-year increase of 62%, marking its first profit since its establishment five years ago. DSRV has currently selected Daishin Securities as the lead underwriter for its IPO, planning to list on KOSDAQ in the first half of 2026.The company ranks ninth in the global Ethereum staking market, managing over 40 trillion KRW in digital assets and providing clients with an annualized return of 4-5%. The company plans to conduct a Series B financing round in the first quarter of 2025, aiming for revenue of 30 billion KRW in 2025 and expanding into new business areas such as payments.

ChainCatcher news, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission has approved the registration of virtual asset service providers (VASPs) for the first time in a year. The approved entities include virtual asset infrastructure company DSRV and crypto asset custody institution BDACS. DSRV submitted its registration application in October 2023 and received approval about a year later, while BDACS submitted its application in February 2024 and received approval about six months later.