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WSPN completes $30 million seed round financing, led by Foresight Ventures and Folius Ventures

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TechFlow
415Words
Aug 16, 2024

DeepTechFlow news, stablecoin 2.0 infrastructure company WSPN announced the completion of a $30 million seed round financing. This round of financing was led by Foresight Ventures and Folius Ventures, with participation from Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China.

WSPN is committed to establishing a global compliance system and a new payment ecosystem, providing users with a more secure, efficient, and transparent payment solution. The company's core team comes from institutions such as CTH, Paxos, and Visa, with over 10 years of experience in payment and stablecoin operations. Currently, WSPN has obtained compliance licenses from several major countries and regions and has received support from over 30 exchanges, more than 10 mainstream wallets, dozens of large payment institutions, and market makers.

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