Kun, a Hong Kong-based stablecoin-based cost and embedded finance platform, accomplished its Sequence A funding spherical.
Backers included current buyers BAI Capital and GSR Ventures and new buyers Eternium International an unnamed Hong Kong-listed conglomerate.
Since its inception 20 months in the past, Kun has raised over USD 50m in whole.
The corporate intends to make use of the funds to proceed to construct a world infrastructure for stablecoin cross-border funds and monetary providers, whereas empowering actual economies’ worldwide enlargement with compliant, safe, and environment friendly options.
Led by Louis Liu, Founder and CEO, Kun is a know-how firm targeted on stablecoin-based funds and monetary providers. Constructed on a compliance system with licenses in Hong Kong, Singapore, and Europe, Kun primarily serves rising markets, together with the Better Bay Space, Southeast Asia, the Center East, Africa, and Latin America.
The corporate has established three core enterprise traces — Funds, Asset Administration, and Card Issuing — providing a complete vary of merchandise, together with enterprise accounts, asset administration, on/off-ramp options, and card issuing options. It offers safe cross-border cost, remittance, and monetary providers for B2B cross-border e-commerce, commodity commerce, leisure, promoting, Web3 enterprises.
FinSMEs
17/07/2025
