KUN's Major Funding Milestone in the Stablecoin Space
KUN, the prominent platform for stablecoin-based payments and embedded finance in Asia, has successfully closed its Series A funding round, securing over $50 million. This significant investment reflects the company's growing influence in the financial technology sector, where it is reinforcing its early-mover advantage as a leader in stablecoin solutions. Since its inception just 20 months ago, KUN has shown remarkable growth, attracting investments from both existing and new investors alike.
Investment Highlights
The latest funding round saw a robust response from existing investors such as BAI Capital and GSR Ventures, who expanded their commitment to the venture. New strategic investors, including a listed conglomerate in Hong Kong and Eternium Global, also contributed to this funding round. With this influx of capital, KUN is well-positioned to further its mission of creating a global infrastructure designed for cross-border stablecoin payments and financial services.
KUN aims to boost economic globalization by providing compliant, secure, and efficient payment solutions. The company’s reputation for high security, reliability, and seamless transaction experiences has made it the go-to platform for businesses engaging in cross-border commerce. In the past year alone, KUN has experienced a staggering 200% average monthly increase in transaction volumes, serving thousands of companies and institutional clients worldwide.
Strategic Partnerships
In addition to securing funding, KUN has been making strides in expanding its ecosystem. Notably, the company signed a strategic memorandum of understanding (MoU) with TradeGo, a digital service platform serving global commodity trading. This partnership will focus on integrating blockchain-based electronic Bill of Lading (eBL) technology with cross-border compliance functionalities and a stablecoin settlement infrastructure. Together, they aim to develop a comprehensive 'three-in-one' solution that unites logistics, information, and capital, thus enhancing the efficiency and compliance of large-scale trade transactions.
Eternium Global, which holds diverse assets across logistics, insurance, commodities, energy, and healthcare, will collaborate with KUN to build a Web3-supported payment ecosystem tailored for cross-industry global applications. Kent Cai, the CEO and IT Chief of Eternium Global, expressed enthusiasm about this partnership, stating that it aims to create stablecoin-based payment solutions that are more efficient, transparent, and compliant.
The Future of Cross-Border Payments
As the trend of shifting from SWIFT to stablecoin-based transfers gains momentum—fueled by real-time blockchain clearing—KUN finds itself at the forefront of this evolution. William Zhao, a partner at BAI Capital, noted that the transition toward decentralized financial infrastructures and digital currency trading networks will fundamentally reshape the future of global trade and payment systems. KUN is positioned as a leader in Asia, particularly at the intersection of blockchain settlement, e-BL services, and stablecoin payments for commodity trading.
GSR Ventures partner Jefferson emphasized that KUN’s foresight in compliance and unwavering dedication to enhancing product experiences are redefining how stablecoins can be utilized for cross-border transactions. He believes KUN has the potential to become Asia's bridge to a robust global stablecoin settlement and payment network.
KUN’s Vision for Global Financial Infrastructure
Co-founder of YeePay and chief advisor to KUN, Chen Yu, remarked that KUN is building next-generation digital financial infrastructure grounded in stablecoins. By redesigning cross-border payment mechanisms and trust systems, KUN is paving the way for scalability for emerging markets and global enterprises.
The proceeds from this latest funding round will be allocated towards enhancing security for cross-border transactions, expanding the underlying blockchain infrastructure, and fortifying wallet technologies. KUN is also investing in AI-driven smart risk control systems and compliance frameworks to ensure adherence to KYC (Know Your Customer), AML (Anti-Money Laundering), and KYT (Know Your Transaction) guidelines.
As KUN continues to grow, it seeks to unify its licensing frameworks in Hong Kong, Singapore, and the rest of the world. This ambition underscores the company's goal of building a seamless hybrid Web2-Web3 payment ecosystem by collaborating with partners across the globe.
For those looking to delve deeper into KUN’s offerings and its vision for the future of finance, visit
kun.global.