Visa's Stake Boosted as Stablecoin Payments Deal Unfolds
Cullinan Associates Inc., an institutional investor, increased its stake in Visa Inc. ($V) by 14.6% during the second quarter.
The firm's holdings in Visa were valued at $10,833,000 at the end of the most recent reporting period.
Visa recently partnered with Dunamu, the operator of South Korean cryptocurrency exchange Upbit, to develop stablecoin payments and cross-border remittances.