Obita Raises $10M to Build Stablecoin Cross-Border Payments

Obita, an enterprise-level cross-border payment and digital financial network, announced the completion of its angel round financing exceeding US$10 million. The round was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other prominent institutions and individual investors. The funds will be allocated to system R&D, compliance infrastructure development, and global market expansion, accelerating the deployment of its stablecoin-based cross-border payment network. Amid a global wave of stablecoin legislation and compliance advancements, cross-border payments are undergoing a...

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