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Foresight News
Foresight News|Sep 01, 2025 01:01
[Obita Secures Over $10 Million in Funding, Led by Yuanjing Capital and Others] Foresight News reports that enterprise-level cross-border payment and digital financial network Obita has completed an angel round of financing exceeding $10 million, led by Yuanjing Capital and Mirana Ventures, with participation from Junlian Capital, HashKey Capital, and (Web3.com) Ventures. The funds raised will be primarily used for core system development, compliance application processes, and market expansion, accelerating the deployment of a global stablecoin cross-border payment network. Centered around compliant stablecoins, Obita is building a blockchain-native payment network under the Obita Mesh framework, aiming to provide enterprises with a low-cost, real-time, and regulatory-compliant settlement experience. Addressing industry pain points such as high exchange costs, slow transaction processing, and lack of transparency in fund flows, Obita deeply integrates enterprise-grade compliance systems, cross-border clearing networks, and unified fund management tools to reshape the flow of funds in cross-border trade, cross-border e-commerce, and supply chain platforms. The company is initially focusing on high-growth markets such as Southeast Asia, Central Asia, Africa, and Latin America.
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