Tether’s investment officially closed Orionx’s Series A funding round, which was led exclusively by Tether

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This investment, which officially closes Orionx’s Series A funding round, led exclusively by Tether, will enable the company to consolidate its regional operations, enhance its technological capabilities, and scale stablecoin-powered infrastructure for remittances, payment collection, and treasury services across Latin America (LATAM).

The investment closes Orionx's Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by Bitfinex, Tether's sister company.