Egyptian blockchain fintech company Munify has successfully raised $3 million in a seed funding round. The investment was led by strategic firms including BYLD and Digital Currency Group, the parent company of Grayscale. Munify specializes in blockchain technology to provide multi-currency instant send and receive services, and has launched a virtual card backed by stablecoins. The company currently operates in the US, UK, Europe, and GCC member countries. The new funding will be used to explore additional markets and expand its compliance team.
Munify Raises $3 Million to Expand Blockchain Services
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.