Korean Blockchain Infrastructure Firm DSRV Closes $21.12 Million Series B for Global Expansion

Executive Summary

Korean blockchain infrastructure provider DSRV has successfully concluded its Series B funding round, securing approximately $21.12 million USD (30 billion Korean Won). The capital infusion, finalized on October 16, 2025, is strategically allocated to accelerate the company's global market expansion, particularly into the United States, Japan, and Africa, and to advance its core technologies in stablecoin, payment infrastructure, and staking services.

The Event in Detail

DSRV announced the successful completion of its Series B funding round, attracting 30 billion Korean Won, equivalent to approximately $21.12 million USD. The investment was structured in two tranches; an initial round in July 2025 secured approximately $11.6 million USD, with the final closing occurring on October 16, 2025. The diverse syndicate of investors included Intervest, SK Securities, Nice Investment Partners, and, in the second round, NXVP, Han River Partners, IBK Capital, and S2L Partners. Notably, NXVP, a re-established new technology financial company, marked DSRV as its inaugural investment, signaling confidence in DSRV's technological stability and global scalability. DSRV currently supports over 70 blockchain networks globally and manages digital assets valued in excess of 4 trillion Korean Won.

Business Strategy & Market Positioning

The secured capital will fuel DSRV's strategic expansion into key international markets including the U.S., Japan, and Africa. A primary focus for the company is the development of advanced stablecoin and payment infrastructure technology, along with the expansion of institutional staking services. DSRV's product portfolio, including SPiKE Payments for global transactions, All That Node for RPC infrastructure, WELLDONE Wallet for multi-chain asset control, and WELLDONE Code for Web3 development tools, positions it as a foundational layer in the digital asset ecosystem. The company emphasizes its role in bridging traditional finance and blockchain, underlined by its Virtual Asset Operator (VASP) certification in Korea and its focus on secure asset custody. This strategy aims to solidify DSRV's position as a critical infrastructure provider, facilitating the convergence of conventional financial systems with decentralized technologies.

Market Implications

This significant funding round for DSRV underscores sustained investor confidence in the blockchain infrastructure sector, even amid a challenging investment climate for startups. The investment is anticipated to accelerate the institutional and retail adoption of blockchain networks by enhancing the reliability and accessibility of underlying infrastructure. DSRV's emphasis on stablecoin and payment infrastructure is poised to drive greater efficiency and utility in digital transactions, potentially expanding the use cases for Web3 technologies in mainstream finance and commerce. The capital injection enables DSRV to further develop its robust suite of services, supporting a broader range of decentralized applications and fostering a more mature and interconnected global blockchain ecosystem.

Expert Commentary

Kim Jae-hong, CFO of DSRV, commented on the successful funding round, stating, "We deeply thank our partners for believing in DSRV's vision and technology despite the difficult market environment. We will be reborn as a blockchain infrastructure company that leads the global market with our best colleagues using this investment as a stepping stone." Kim Ji-yoon, CEO of DSRV, added, "Through this investment, we will further advance our technology and actively recruit talented people to grow into a world-leading blockchain infrastructure company beyond Korea." These statements highlight the company's commitment to leveraging the new capital for talent acquisition and technological leadership.

Broader Context

DSRV's successful Series B funding places it within a growing trend of investment in companies that provide the foundational layers for the Web3 economy. The company's involvement in the Canton Network ecosystem and its engagement with leading global projects such as StraitsX, Ava Labs, and Chainlink demonstrate its strategic positioning within the broader digital asset landscape. DSRV's ability to attract substantial investment, coupled with its focus on institutional-grade solutions and regulatory compliance (e.g., VASP certification), reinforces the market's recognition of the critical role infrastructure providers play in the maturation and mainstream integration of blockchain technology. This development reflects a bullish sentiment for entities enabling wider adoption and development within the decentralized ecosystem.