PANews reported on September 30th, according to BeInCrypto, that xMoney announced it had secured $21.5 million in strategic funding, led by the Sui Foundation and with participation from MultiversX. xMoney claims to have become a MiCA-compliant Licensed EMI and PCI DSS Level 1 certified institution, and is a principal member of Visa and Mastercard, serving over 5,000 merchants (including those in Liechtenstein). The company plans to launch its XMN token in early October and will develop buyback, liquidity, and value-sharing mechanisms. Officials stated that its stablecoin payment infrastructure covers debit cards, subscriptions, and cross-border settlements.PANews reported on September 30th, according to BeInCrypto, that xMoney announced it had secured $21.5 million in strategic funding, led by the Sui Foundation and with participation from MultiversX. xMoney claims to have become a MiCA-compliant Licensed EMI and PCI DSS Level 1 certified institution, and is a principal member of Visa and Mastercard, serving over 5,000 merchants (including those in Liechtenstein). The company plans to launch its XMN token in early October and will develop buyback, liquidity, and value-sharing mechanisms. Officials stated that its stablecoin payment infrastructure covers debit cards, subscriptions, and cross-border settlements.
xMoney secures $21.5 million in strategic funding led by the Sui Foundation and will launch its XMN token in early October.
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PANews reported on September 30th, according to BeInCrypto, that xMoney announced it had secured $21.5 million in strategic funding, led by the Sui Foundation and with participation from MultiversX. xMoney claims to have become a MiCA-compliant Licensed EMI and PCI DSS Level 1 certified institution, and is a principal member of Visa and Mastercard, serving over 5,000 merchants (including those in Liechtenstein). The company plans to launch its XMN token in early October and will develop buyback, liquidity, and value-sharing mechanisms. Officials stated that its stablecoin payment infrastructure covers debit cards, subscriptions, and cross-border settlements.
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