Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments.
Source: https://cointelegraph.com/news/crypto-asset-manager-cobo-raises-40m-to-launch-defi-as-a-service
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
September 23, 2021
CoinTelegraph