Visa Says WSPN Secures $30M In Seed Funding To Redefine The Future Of Digital Payments With Stablecoin 2.0; WSPN Is Backed By Industry Leaders Such As CTH, Paxos, And Visa
Portfolio Pulse from Benzinga Newsdesk
WSPN (Worldwide Stablecoin Payment Network) has raised $30 million in a Seed funding round to advance its stablecoin infrastructure. The round was led by Folius Ventures and Foresight Venture, with participation from notable investors including Visa, CTH, and Paxos.
August 16, 2024 | 9:42 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Visa has participated in a $30 million Seed funding round for WSPN, a company focused on next-generation stablecoin infrastructure.
Visa's involvement in WSPN's funding round indicates its strategic interest in the future of digital payments and stablecoin technology. This could positively impact Visa's stock as it positions itself at the forefront of fintech innovation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80