Bloquo disclosed its seed funding on November 3: just $3.7 million, with Crescera Capital and Triaxis Capital leading the round and Lattice Fund participating. For a company building cross-border stablecoin payments, foreign exchange, and liquidity for banks and businesses, that isn’t much.
What’s more worth watching is its regulatory progress: it has secured registration as a money services business with the U.S. FinCEN and also submitted an application to the Central Bank of Brazil to operate as a virtual asset broker. Securing licenses in two jurisdictions at the seed stage shows that the barriers to entry in this industry aren’t about code, but about regulatory access and banking relationships.
The platform supports $USDC and $USDT, and can be accessed via API or a control panel. When the Central Bank of Brazil grants that license is more worth watching than the $3.7 million itself.
#稳定币 #跨境支付 #Funding
What’s more worth watching is its regulatory progress: it has secured registration as a money services business with the U.S. FinCEN and also submitted an application to the Central Bank of Brazil to operate as a virtual asset broker. Securing licenses in two jurisdictions at the seed stage shows that the barriers to entry in this industry aren’t about code, but about regulatory access and banking relationships.
The platform supports $USDC and $USDT, and can be accessed via API or a control panel. When the Central Bank of Brazil grants that license is more worth watching than the $3.7 million itself.
#稳定币 #跨境支付 #Funding