According to Financialit, UnblockPay announced the completion of a $4.5 million seed round led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and angel investors. The new funds will be used to develop regulated financial products, enable enterprise integration of stablecoins, and facilitate fiat-to-stablecoin conversions such as USDC and USDT.
UnblockPay Completes $4.5M Seed Round for Regulated Stablecoin Solutions
AiCoinShare
Summary
UnblockPay, a spin-off from AiCoin, has closed a $4.5 million seed round led by Prelude, with support from Plug and Play, Wintermute, and other investors. This funding marks a key milestone for the company, which aims to develop regulated stablecoin products for corporate use. The capital will accelerate the development of tools for fiat-to-stablecoin conversions, including USDC and USDT. The move comes amid growing institutional interest in digital assets.
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