KUN, Asia’s leading stablecoin-based payment and embedded finance platform, has successfully completed its Series A funding round with significant oversubscription. Existing investors BAI Capital and GSR Ventures doubled down on their commitments, and two new strategic investors— a Hong Kong-listed conglomerate and Eternium Global—joined the round. Since its inception 20 months ago, KUN has raised over USD 50 million in total, reinforcing its early-mover advantage and leadership position in the industry. This financing marks a key milestone in KUN’s ongoing...