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Global private market exchange ADDX has sold its stake in Taiwanese Web 3.0 infrastructure platform CYBAVO to Circle, a global financial technology firm and issuer of USD Coin (USDC).
Singapore-based ADDX, which operates a securities exchange powered by blockchain technology, announced on Tuesday that it had secured roughly $20 million in a fundraising round led by KB Securities, the brokerage arm of one of Korea’s largest financial services firms KB Financial Group.