BREAKING: xMoney Secures $21.5M Strategic Funding Led By SUI Foundation, In a Joint Venture With MultiversX 💣
After years of effort, this marks a massive step of validation and differentiation for the xMoney team.
Stablecoins are, without a doubt, crypto’s highest-impact and most lucrative use case, and multi-billion dollar opportunity.
xMoney is building a superior, vertically integrated payment stack that unites fiat and crypto into one seamless experience.
MultiversX pioneered this vision early, laying the foundation for compliant stablecoin payments. With Sui’s investment and partnership, the collaboration now enters a larger, global phase, combining leading-edge technology with bold execution to scale adoption worldwide.
Stablecoins Supercycle.
We're excited to announce that we’ve raised $21.5M in strategic funding, led by the Sui Foundation (@SuiNetwork) with continued support from @MultiversX 💪
This funding fuels our mission to unlock the multi-trillion-dollar opportunity in global payments and stablecoins, backed by full MiCA compliance, Visa & Mastercard membership, and infrastructure serving thousands of merchants worldwide.
Stablecoins are already settling $7T+ annually. What they need now is trust, compliance, and usable rails. That’s where xMoney comes in 🫡
The future of payments is here, and we'll keep building it!
12.1K
474
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.