blockchain payment company Partior has completed an $80 million Series B financing round, with Deutsche Bank joining as a new investor. Previously in July 2024, Partior announced it had completed a $60 million financing round with investors including Peak XV Partners, JPMorgan, Jump Trading Group, Standard Chartered Bank, Temasek, and Valor Capital Group.

Established in 2021 with support from financial institutions such as DBS Bank and JPMorgan, Partior provides real-time clearing and settlement services through its blockchain platform, aiming to solve the sequencing problem in traditional payment systems. Patricia Sullivan, Global Head of Institutional Cash Management at Deutsche Bank, said that as the largest euro clearing bank, the bank plans to join the Partior platform as a settlement bank for euros and dollars.

The financing will be used to strengthen Partior's global expansion and develop new features such as intraday forex swaps. It is worth noting that Deutsche Bank has been continuously increasing its investment in the cryptocurrency field in recent years and applied for a digital asset custody license from Germany's financial regulatory agency in June 2023. (cryptonews)