Stablecoin aggregation sales infrastructure platform AlloyX completes US$10 million in Pre-Series A financing

PANews reported on December 30 that according to official news, AlloyX, an Asia-based aggregated sales infrastructure platform, announced the completion of a $10 million Pre-A round of financing to expand global stablecoin infrastructure construction and plans to expand its presence in the United Arab Emirates and ASEAN. and business scale in Africa. It is reported that investors in this round of financing include Solomon Fund, Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital and Kiln SAS and many other institutions. The financing follows major developments in the stablecoin payments space, including Stripe’s $1.1 billion acquisition of Bridge and BVNK’s $50 million Series B round at a $750 million valuation.