Stablecoin infrastructure company WSPN completes $30 million seed round of financing, led by Folius Ventures and others

Stablecoin 2.0 infrastructure company WSPN has completed a $30 million seed round of financing, led by Foresight Ventures and Folius Ventures, with participation from Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China. WSPN is a new generation stablecoin infrastructure company that aims to provide users with safer, more efficient, and transparent payment solutions by establishing a global compliance system and a new payment ecosystem network. WSPN includes core members such as CTH, Paxos, and Visa, with over 10 years of payment and stablecoin operation experience. Currently, WSPN has obtained compliance licenses in multiple major countries and regions, and has the support of over 30 exchanges, more than 10 mainstream wallets, dozens of large payment institutions, and market makers.