Obita has successfully raised over ten million US dollars in its angel round of funding, led jointly by Yuanjing Capital and Mirana Ventures. This influx of capital will primarily be directed towards core system research and development, compliance system construction, and market expansion efforts. By establishing a blockchain-native payment network leveraging compliant stablecoins, Obita aims to tackle the prevalent issues of high costs, delayed account crediting, and lack of transparency in capital flows within the cross-border payment sector. The company has set its sights on penetrating markets in Southeast Asia, Central Asia, Africa, and Latin America. With a core team boasting extensive experience in financial technology and cross-border payments, Obita's technical roadmap and team capabilities have garnered significant recognition from a diverse array of investors and partners.