South Korean blockchain infrastructure provider DSRV completes approximately $21.12 million Series B financing round

On October 17, it was reported that South Korean blockchain infrastructure provider DSRV has completed a Series B financing round totaling 30 billion KRW (approximately $21.12 million). The Series B round was conducted in two phases: the first phase included participation from Intervest, SK Securities, and Nice Investment Partners; the second phase attracted new investors such as NXVP, Han River Partners, IBK Capital, and S2LPartners. According to the introduction, DSRV provides infrastructure for more than 70 blockchain networks worldwide and manages digital assets worth over 4 trillion KRW. Last year, DSRV's annual sales reached approximately 10.7 billion KRW. With this round of financing, DSRV plans to accelerate its global market expansion, with specific initiatives including: recruiting core talent; developing advanced stablecoin and payment infrastructure technologies; expanding its staking business; and entering the US, Japanese, and African markets.