Stablecoin Firm BVNK Valuation Surges to $750M

Citi Ventures Invests in BVNK, Valuation Surpasses $750 Million

• Citi Ventures has invested in BVNK, a London-based stablecoin payment infrastructure provider.
• The investment has pushed BVNK’s valuation above $750 million, as confirmed by co-founder Chris Harmse.
• The size of Citi’s investment remains undisclosed.
• BVNK previously secured backing from Visa Ventures, marking Visa’s entry into stablecoin infrastructure.
• Stablecoin transaction volume reached nearly $9 trillion over the past year, with a market value exceeding $300 billion.
• Citi analysts forecast the stablecoin market cap to reach $4 trillion by 2030.

Citi Ventures’ investment in BVNK highlights the growing interest in stablecoin infrastructure, pushing BVNK’s valuation beyond $750 million. The stablecoin market continues to expand, with significant transaction volumes and future growth projections.