Stablecoin payment service platform KUN has successfully completed its Series A financing round, raising over $50 million. The funding saw participation from BAI Capital, GSR Ventures, a Hong Kong-listed company, and Eternium Global. KUN focuses on stablecoin payment and financial services, leveraging compliance systems in Hong Kong, Singapore, and Europe. The company operates in emerging markets including the Greater Bay Area, Southeast Asia, the Middle East, Africa, and Latin America, offering services such as payment solutions, asset management, and card issuance.