UnblockPay Secures $4.5 Million in Seed Funding

UnblockPay, a stablecoin financial services platform, has announced the completion of a $4.5 million seed funding round. According to ChainCatcher, the round was led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and several angel investors. The newly acquired funds will be used to develop regulated financial products, enabling businesses to integrate stablecoins into their daily financial operations and facilitate seamless exchanges between fiat currencies and major stablecoins like USDC and USDT.