On September 1, Obita, a pioneering enterprise-level cross-border payment and digital financial network, proudly announced the successful closure of an angel round funding that exceeded US$10 million. This funding round was led by Vision Plus Capital and Mirana Ventures, with significant contributions from esteemed investors including Legend Capital, HashKey Capital, Web3.com Ventures, and other notable institutions and individuals. The capital raised in this round will be strategically allocated towards enhancing core system development, fortifying compliance frameworks, and expanding market presence, thereby accelerating the global footprint of Obita's stablecoin-based cross-border payment network.

At the heart of Obita's operations lies its commitment to compliant stablecoins. The company is diligently constructing a native blockchain payment network aimed at revolutionizing the flow of funds in cross-border transactions. By pioneering this innovative approach, Obita aims to take the lead in deploying its services in high-growth markets, shaping the future of international financial transactions.