Korean blockchain infrastructure provider DSRV has completed approximately $11.6 million in Series B funding, with participation from institutions such as Intervest

ChainCatcher news, according to a report by Edaily, South Korean blockchain infrastructure provider DSRV has completed a Series B funding round of approximately 16 billion KRW (about 11.6 million USD). This round of investment was participated by major South Korean investment institutions such as Intervest and NH-SK Securities, and a second round of financing involving multiple financial institutions is expected to take place at the end of next month.

It is reported that DSRV provides infrastructure for over 70 blockchain networks globally, managing more than 40 trillion KRW in digital assets. Last year, DSRV's annual sales reached approximately 10.7 billion KRW, with a net profit of 3 billion KRW during the same period. The company plans to increase sales in new business areas such as stablecoins and custody services, and officially advance its global market expansion in regions including the United States, Japan, and Africa.