Stablecoin payment company Latitude completes $35 million Series A funding round

Latitude, a stablecoin payment infrastructure company, has completed a $35 million Series A funding round led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. The funds will be used to expand the team and obtain regulatory licenses in markets such as Southeast Asia, Latin America, and Africa. (Source: Fortune)