South Korean Blockchain Infrastructure Provider DSRV Raises Approximately $11.6 Million in Series B Round 1 Financing

Odaily Planet Daily reported that South Korean blockchain infrastructure service provider DSRV has announced the completion of the first round of its Series B financing, raising approximately 16 billion KRW (about 11.6 million USD). This round was led by major Korean investment institutions including Intervest and NH-SK Securities. The second round of financing is expected to launch at the end of next month, with more financial institutions set to participate.
Currently, DSRV provides node and infrastructure services to over 70 blockchain networks worldwide, managing assets exceeding 4 trillion KRW. In 2023, the company achieved sales of 10.7 billion KRW and a net profit of 3 billion KRW. Looking ahead, DSRV plans to focus on expanding into new business areas such as stablecoins and custody services, while accelerating its global expansion in regions including the United States, Japan, and Africa. (edaily)