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Stablecoin infrastructure company WSPN has completed a $30 million seed round financing, led by Folius Ventures and others.

Sep 06, 2024 04:07:12

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ChainCatcher news, according to Foresight News, stablecoin 2.0 infrastructure company WSPN has completed a $30 million seed round financing, led by Foresight Ventures and Folius Ventures, with participation from Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China.

It is reported that WSPN is a next-generation stablecoin infrastructure company aimed at providing users with safer, more efficient, and transparent payment solutions by establishing a global compliance system and a new payment ecosystem. WSPN includes core members such as CTH, Paxos, and Visa, boasting over 10 years of experience in payment and stablecoin operations. Currently, WSPN holds compliance licenses in several major countries and regions and has the support of over 30 exchanges, more than 10 mainstream wallets, and dozens of large payment institutions and market makers.

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