TechFlow News, June 03: WasabiCard, a global stablecoin payment infrastructure platform, today announced the completion of its Pre-Series A funding round. Combined with previous financing rounds, the company has raised nearly $10 million to date, with participation from four prominent institutions: Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC.
This latest round of funding will support the development and enhancement of WasabiCard’s global payment infrastructure, compliance framework, and strategic market expansion—bolstering its cross-border payment services and global operational capabilities, and further advancing its mission to build a compliant, efficient, next-generation financial infrastructure for the internet era.
As stablecoins transition from trading venues into real-world commercial applications, enterprise demand for global payment solutions, international card issuance, treasury management, and cross-border settlement infrastructure continues to grow. WasabiCard currently serves over 500 enterprise clients worldwide, has issued more than 500,000 cards, and has processed over $1 billion in cumulative transaction volume on its platform.
Looking ahead, WasabiCard will continue expanding its global payment network and multi-chain payment ecosystem, driving broader adoption of stablecoin payments across global commercial use cases.
