WasabiCard completes nearly $10 million Pre-A round of financing, with participation from renowned institutions such as Vernal Capital and Avenir Group
ChainCatcher news, the global stablecoin payment infrastructure platform WasabiCard announced today that it has completed a Pre-A round of financing. Including previous rounds, the company's total financing has now reached nearly 10 million US dollars, with investments from four well-known institutions: Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC.
This round of financing will be used to build and improve global payment infrastructure, compliance systems, and business layouts in key markets, enhancing cross-border payment service capabilities and global operational capacity, and further promoting the company's construction of a compliant, efficient, next-generation financial infrastructure for the internet era.
As stablecoins gradually move from trading scenarios to real-world business applications, the demand from enterprises for global payment, international card issuing, fund management, and cross-border settlement infrastructure continues to grow. WasabiCard currently serves over 500 enterprise clients worldwide, with the cumulative number of cards issued exceeding 500,000, and the platform's total transaction volume surpassing 1 billion US dollars.
In the future, WasabiCard will continue to expand its global payment network and multi-chain payment ecosystem, promoting the further adoption of stablecoin payments in global commercial scenarios.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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