big big 21.5M raise from xMoney here - ik ive been talking a lot about Sui projects such as @MMTFinance but there’s been other teams absolutely cooking as well & fully supported by the Sui ecosystem (and MultiversX)
these guys are building legit payment rails, already a licensed e-Money institute, MiCA compliant, and a principle member of visa & Mastercard with 5k+ merchants already using them
$XMN listing is targeted for early October (thoon). they’re targeting a 7 trillion dollar a year industry and now have the funding to build exactly what they’re looking for. got their own 10k reward campaign live as well (linking below)
it’s looking more and more like a Sui fall… are you positioned?
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!
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