KUN Secures $50M Series A Funding to Enhance Global Stablecoin Payment Ecosystem
Deal News | Jul 17, 2025 | PR Newswire Cision KUN
KUN, a leading Asian platform for stablecoin payments and embedded finance, has successfully completed its Series A funding round, raising over $50 million from existing investors BAI Capital and GSR Ventures, along with new strategic investors, including a listed Hong Kong conglomerate and Eternium Global. Founded 20 months ago, KUN aims to establish a global infrastructure for cross-border stablecoin payments and financial services. The company has experienced average monthly transaction growth of 200% and serves thousands of businesses and institutional clients. KUN signed a strategic Memorandum of Understanding with TradeGo in June 2025 to integrate blockchain-based electronic Bill of Lading (eBL) technology into its platform, enhancing logistics and compliance in trade transactions. Eternium Global will collaborate with KUN to build a Web3-supported payment ecosystem. Leaders of BAI Capital, GSR Ventures, and Eternium praise KUN's regulatory focus and innovative approach to stablecoin settlements. The newly raised funds will bolster R&D in security, blockchain infrastructure, and global network expansion. With licensing systems in Hong Kong, Singapore, and Europe, KUN is poised to become a fundamental component of the global digital payment network.
Sectors
- Fintech
- Blockchain
Geography
- Hong Kong – KUN is based in Hong Kong, and this is a significant reference point in the company's strategic and regulatory framework.
- Singapore – KUN holds a licensing system in Singapore, indicating its operational and regulatory presence there.
- Asia – As a leading payment platform in Asia, KUN has targeted the Asian markets for its initial growth and market presence.
Industry
- Fintech – The article concerns KUN, a company at the intersection of finance and technology, focusing on stablecoin payments and embedded finance solutions.
- Blockchain – KUN’s business model heavily relies on blockchain technology for providing cross-border stablecoin payment solutions and integrating technological advances.
Financials
- 50 million US dollars – The total amount raised by KUN in its Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| KUN | Target Company | Company | Leading Asian platform for Stablecoin payments and embedded finance. |
| BAI Capital | Investor | Company | One of the existing investors who increased their commitment in the Series A funding round. |
| GSR Ventures | Investor | Company | Another existing investor who increased their investment in the recent funding round. |
| Eternium Global | New Investor | Company | New strategic investor with broad assets, partnering with KUN to develop a Web3 supported ecosystem. |
| TradeGo | Strategic Partner | Company | Digital services platform for global commodity trade, partnering with KUN for blockchain integration. |