By / August 31, 2021

MUFG boosts its crypto exposure following $41M Zipmex funding round By Cointelegraph

MUFG boosts its crypto exposure following $41M Zipmex funding round Thailand’s Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (NYSE:) holds a 76.9% stake – participated in the latest funding round for the Asia-Pacific-focused crypto exchange Zipmex.The $41 million raise, which saw the participation of two publicly traded Thai media firms and…

MUFG boosts its crypto exposure following $41M Zipmex funding roundMUFG boosts its crypto exposure following $41M Zipmex funding round

Thailand’s Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (NYSE:) holds a 76.9% stake – participated in the latest funding round for the Asia-Pacific-focused crypto exchange Zipmex.

The $41 million raise, which saw the participation of two publicly traded Thai media firms and overseas VC funds in addition to BAY, accounts for the lion’s share of Zipmex’s total $52 million in funds raised to date.

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