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UnblockPay Completes $4.5 Million Seed Round, with Wintermute Participating
Svmuu reported that UnblockPay, a stablecoin financial services platform, announced the completion of a $4.5 million seed funding round. Prelude led the round, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new funds will be used to build regulated financial products that help enterprises integrate stablecoins into their financial operations, and to support seamless conversion between fiat currencies and mainstream stablecoins such as USDC and USDT. (Financialit)
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