Express

Blockchain FinTech Company Munify Completes $3 Million Seed Round Financing with Grayscale Parent Company DCG Participating

Summary: According to reports, Egyptian blockchain financial technology company Munify has announced the completion of a $3 million seed round financing, with strategic investment from BYLD, Grayscale's parent company Digital Currency Group, and other institutions. The company utilizes blockchain technology to provide individuals and businesses with multi-currency instant sending and receiving services, and has launched a ...

According to reports, Egyptian blockchain financial technology company Munify has announced the completion of a $3 million seed round financing, with strategic investment from BYLD, Grayscale's parent company Digital Currency Group, and other institutions. The company utilizes blockchain technology to provide individuals and businesses with multi-currency instant sending and receiving services, and has launched a virtual card supported by stablecoins. Currently operating in the United States, United Kingdom, Europe, and Gulf Cooperation Council (GCC) member countries, the new funds will be used to expand into other markets and grow the compliance team.

Last Update:

Tags:
Link: Blockchain FinTech Company Munify Completes $3 Million Seed Round Financing with Grayscale Parent Company DCG Participating [Copy]

Last: Probability of 25 Basis Point Rate Cut by Federal Reserve in September at 89%, 50 Basis Point Cut at 11%

Next: Ethereum ecosystem hackathon platform Buidlbox acquired by HackQuest

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 5 days ago

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 9 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 12 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 16 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 18 days ago