Odaily Planet Daily News Stablecoin payment service platform KUN has completed its Series A financing, with BAI Capital, GSR Ventures, a Hong Kong-listed company and Eternium Global participating in the investment, and the total amount of financing has exceeded US$50 million.
KUN is an innovative technology company with stablecoin payment and financial services as its core. It is based on the licenses and compliance systems of Hong Kong, Singapore and Europe, and its services cover emerging markets such as the Greater Bay Area, Southeast Asia, the Middle East, Africa, and Latin America. KUN has established three business lines: payment, asset management and card issuance, covering a variety of products such as corporate accounts, asset management services, deposits and withdrawals, and card issuance services.