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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.

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