UK Bank Griffin Raises $20M to Expand Stablecoin Services - ForkLog

The London-based institution, which received a full banking license in 2024, plans to use the investment to enhance its digital financial services. Griffin currently serves over 80 companies and processes approximately 10 million payments each year.

Expansion Plans

The funding will specifically support the development of stablecoin reserve management services, cross-border blockchain payments solutions, and the issuance of bank cards. These initiatives aim to strengthen Griffin's position in the digital banking sector.