Tag: EUR
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Tuum raised EUR 25 million in Series B financing round
Tuum, a leading technology startup, announced that it has successfully raised EUR 25 million in its latest Series B financing round. This funding will be crucial in supporting Tuum’s ambitious expansion plans and further development of its groundbreaking products and services. The investment round was led by prominent venture capital firms, including XYZ Ventures and…
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ECB allocates EUR 1.2 billion for retail digital euro development
The European Central Bank (ECB) has announced the allocation of EUR 1.2 billion towards the development of retail digital euro. This significant investment is part of the ongoing efforts to explore the potential launch of a central bank digital currency (CBDC) in the eurozone. With the increasing popularity of digital currencies such as Bitcoin and…