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Dedin Innovation Investment AllScale empowers enterprise-level stablecoin payments
[Coin World][Draper Dragon officially announces investment in AllScale] On June 27, Draper Dragon officially announced its investment in AllScale. AllScale focuses on bridging the last mile of enterprise-level stablecoin payments, helping businesses to use stablecoins for payments, sales, payroll, and other needs in a compliant, secure, and simple manner. The founding team of AllScale includes core members from payment products and compliance legal affairs from certain trading platforms, Block, CapitalOne, certain trading platforms, TikTok, etc. The project investors and supporters include Draper Dragon, certain platforms, Metaverse Capital, certain platforms, Oak Grove Ventures, Blockbooster, Movemaker, and it is also a member of the Hong Kong Cyberport Incubator. Draper Dragon originates from the DFJ Fund in Silicon Valley, co-founded in 2005 by globally influential venture capitalists and leading figures of the first generation of venture capital in China. It is a core fund and governing body of the global early-stage venture capital network alliance "Draper Venture Network."