[RedotPay Seeks $150 Million in Funding Amid Executive Turnover and Background Controversy] According to reports, Hong Kong-based stablecoin payment startup RedotPay is seeking a new round of funding, targeting $150 million. Previously, RedotPay completed two funding rounds in September and December 2025, raising a total of over $150 million, with investors including the venture capital arms of Coinbase Global and Circle Internet Group. The company is currently facing issues with executive turnover, and its connections to mainland China have drawn public attention during its IPO process. RedotPay has initiated financing discussions with multiple institutions, but specific details have not yet been disclosed.