18 July 2025 | Friday | News
Picture Courtesy | Public Domain
KUN, Asia's leading stablecoin-based payment and embedded finance platform, has successfully completed its Series A funding round with significant oversubscription. Existing investors BAI Capital and GSR Ventures doubled down on their commitments, and two new strategic investors— a Hong Kong-listed conglomerate and Eternium Global—joined the round. Since its inception 20 months ago, KUN has raised over USD 50 million in total, reinforcing its early-mover advantage and leadership position in the industry.
Through its compliance-first approach and tech-driven solutions, KUN has sustained hypergrowth with a 200% MoM transaction surge over the past 12 months, serving thousands of enterprise and institutional clients. With its strong security, reliability, and seamless transaction experience, KUN has become the go-to stablecoin payment and settlement platform for cross-border businesses.
Meanwhile, KUN is making steady progress in expanding its ecosystem. In June 2025, KUN signed a strategic Memorandum of Understanding with TradeGo, a digital services platform for global commodity trade. The partnership will focus on integrating blockchain-based electronic Bill of Lading (eBL) technology, cross-border compliance capabilities, and stablecoin settlement infrastructure to jointly deliver a "three -in-one" solution—uniting logistics, information, and capital—to enhance the efficiency and compliance of large-scale trade transactions.
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