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<strong>Singapore Gulf Bank Targets $50 Million to Finance Acquisition of Stablecoin Firm</strong>

Singapore Gulf Bank Targets $50 Million to Finance Acquisition of Stablecoin Firm

Singapore Gulf Bank is actively seeking to raise $50 million through the sale of equity stakes. This financing is aimed at fueling the expansion of its product offerings and facilitating an acquisition related to stablecoin payments planned for 2025.