Blockchain Press Releases
Thunes extends Series C funding to USD $72m with support from Visa, EDBI and Endeavor Catalyst
SINGAPORE and LONDON, July 17, 2023 /PRNewswire/ — Thunes, the global B2B payment infrastructure platform, today announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission to address the inefficiencies of moving money internationally and create a next-generation payment system that is secure, instant and transparent.
This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced an investment of $60m led by London-based hedge fund Marshall Wace with support from Bessemer Venture Partners and Southeast Asian private equity firm 01Fintech.
Thunes already has an ongoing global partnership with Visa. In October 2022, Visa and Thunes announced a strategic collaboration to extend Visa Direct’s reach to 1.5 billion digital wallets. Through this partnership, Thunes B2B payments platform offers a send-to-wallet capability to 78 digital wallet providers globally. Using an API integration with Visa Direct, Visa’s customers – financial institutions, governments, neobanks and money transfer operators – can enable consumers and small businesses to send funds to eligible digital wallets in Africa, Asia, and Latin America, powered by the Thunes global network.
Peter De Caluwe, CEO, Thunes, says: “We’re proud to close Series C with such a strong roster of influential investors. Support from Visa, EDBI and Endeavor is a powerful endorsement of our strategy and capabilities, providing us with additional resources to develop innovative solutions to face industry challenges. By leveraging the insights and support of our investors, we will expand our network and offer businesses and consumers an unparalleled cross-border payments experience. I’m delighted to see an even deeper collaboration with Visa. Together, we will pave the way towards a global payment ecosystem that is inclusive, efficient and ubiquitous.“
“And as a Singapore-based company, EDBI’s backing is also incredibly important to us. Though our business has a global nature, Singapore continues to serve as our home-base and we are proud to be deeply embedded in this dynamic global Fintech hub. This supportive ecosystem provides us great benefits, with a market for top talent, an excellent infrastructure, and a progressive regulator at the forefront of financial innovation.”
Ruben Salazar Genovez, Global Head of Visa Direct, adds: “Digital wallets play a key role in providing underserved communities with greater economic empowerment and financial inclusion by penetrating previously unreached regions. Visa is proud to take part in Thunes’ Series C investment round and we look forward to continuing our collaboration aimed at providing more customers around the world with quick and simple access to the financial system through digital wallets.”
Paul Ng, CEO of EDBI, adds: “Thunes’ commitment to addressing the business challenges of international money movement aligns well with our mission to strengthen Singapore’s position as a global innovation and financial hub. As strategic investors, we deeply appreciate the significance of nurturing Singapore-based companies like Thunes throughout their growth journey, and we are excited to provide our support in expanding their local and regional presence. We anticipate a close collaboration with Peter and his team as we work together to achieve even greater milestones.”
About Thunes: Founded in 2016, Thunes is a global B2B payment infrastructure platform that powers payments for the world’s fastest-growing businesses – from gig economy giants such as Uber and Deliveroo and Southeast Asia’s super-app Grab to global fintech leaders such as PayPal, Remitly, Finastra and Revolut. Through a single, simple connection, consumers and businesses can send payments to – and get paid in – every corner of the world. Thunes currently supports 80 currencies, enables payments to 132 countries and helps to accept 300 payment methods. In April 2022, Thunes acquired a controlling stake in a leading anti-money laundering and compliance platform company Tookitaki, which now enables the company’s advanced compliance, anti-fraud and anti-money laundering capabilities, setting an international benchmark for sustainable compliance. The company is headquartered in Singapore, with regional offices in London, Paris, Shanghai, Beijing, Dubai, Hong Kong, Barcelona, Miami and Nairobi. Current investors include Visa, EDBI, Endeavor Catalyst, Marshall Wace, Bessemer Venture Partners, 01Fintech, Future Shape, Insight Partners, Checkout.com, Helios Investment Partners and GGV Capital. For more information, visit www.thunes.com
View original content:https://www.prnewswire.co.uk/news-releases/thunes-extends-series-c-funding-to-usd-72m-with-support-from-visa-edbi-and-endeavor-catalyst-301878390.html
PANAMA CITY, March 31, 2025 /PRNewswire/ — K9 Finance DAO, the leading liquid staking platform and largest validator on the Shiba Inu Layer-2 blockchain, Shibarium, is joining the Google Cloud for Startups Program, which will allow it to utilize Google Cloud credits and access Google Cloud’s infrastructure and technologies.. This will power the development of critical infrastructure on Shibarium by enhancing the ecosystem’s scalability, security, and liquidity through innovative decentralized finance (DeFi) solutions. Additionally, K9 Finance DAO’s membership in the Google for Startups Cloud Program will support the creation of AI-powered DAO governance and operational tools, such as an AI agent to streamline community participation, further strengthening K9 DAO’s role in the Shiba Inu ecosystem.
“We’re honored to join the Google for Startups Cloud Program,” said Buzz, K9 DAO lead. “This accelerates our mission to bring advanced decentralized finance tools to Shibarium’s infrastructure. It also gives significant room to innovate in the AI sector for the Shiba Inu community.”
K9 Finance DAO enables users to stake their BONE tokens, receiving liquid tokens in return that unlock a range of DeFi opportunities while keeping assets accessible.
As the largest validator on Shibarium, K9 Finance DAO secures the network with over 2.5 million BONE tokens delegated to its validator, maintaining a perfect 100% uptime, according to Shibarium’s validator data. This leadership role reinforces Shibarium’s decentralization and reliability. Additionally, K9 Finance holds the highest Total Value Locked (TVL) on Shibarium, currently at $1.31 million, as reported by DeFiLlama and https://defillama.com/chain/Shibarium, highlighting its dominance in the ecosystem’s DeFi landscape.
K9 DAO has also open-sourced all Shibarium blockchain data using Google’s BigQuery to give further transparency to the ecosystem and give future builders the tools they require to create a decentralized financial future within the Shib Inu community.
About K9 Finance DAO
K9 Finance DAO is the official liquid staking platform and largest validator on Shibarium, committed to advancing DeFi within the Shiba Inu ecosystem. By allowing BONE holders to stake their tokens, earn rewards, and participate in governance with liquid assets, K9 Finance drives innovation and strengthens Shibarium’s infrastructure. Learn more at https://www.k9finance.com.
Photo – https://mma.prnewswire.com/media/2654032/K9_Finance.jpg
View original content:https://www.prnewswire.co.uk/news-releases/k9-finance-dao-joins-google-for-startups-cloud-program-302415906.html
Blockchain Press Releases
MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users
VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, confirms the upcoming listing of GUNZ (GUN) on March 31, 2025(UTC). To celebrate this listing, MEXC is launching a special event with a prize pool of 180,000 USDT for new and existing users.
GUNZ (GUN) is a Layer-1 blockchain developed by Gunzilla Games, designed to power AAA Web3 gaming. Originally created to support the community-driven economy for Gunzilla’s flagship title, Off The Grid (OTG), GUNZ has evolved into a full-featured platform offering blockchain-native infrastructure essential for modern game development. By leveraging blockchain technology, GUNZ aims to provide both developers and players with the tools needed for a decentralized, secure gaming ecosystem.
To celebrate the listing of GUNZ (GUN) on MEXC, the exchange has launched an exclusive Airdrop+ event with substantial rewards for participants:
Event Period: Mar 28, 2025, 11:00 (UTC) – Apr 11, 2025, 11:00 (UTC)
Benefit 1: Deposit and share 90,000 USDT in Futures bonus (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 10,000 USDT in Futures bonus (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 USDT in Futures bonus (For all users)
The listing of GUNZ (GUN) not only broadens MEXC’s asset portfolio but also underscores MEXC’s first-mover advantage in bringing innovative blockchain projects to its users. MEXC has solidified its position as an industry leader through its efficient asset listing strategy and broad selection of trend tokens. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings.
According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.
MEXC will continue to provide users with early access to promising projects, while leveraging platform advantages such as low fees, deep liquidity, and daily airdrops to ensure an optimal trading experience.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Photo – https://mma.prnewswire.com/media/2653622/pr_1920_1080.jpg
Logo – https://mma.prnewswire.com/media/2645195/MEXC_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-confirms-listing-of-gunz-gun-launches-180-000-usdt-prize-pool-for-users-302415443.html
VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced a groundbreaking partnership with Mantle (MNT) to launch an exclusive month-long trading campaign with a prize pool of up to $1,000,000, offering users an opportunity to earn substantial rewards.
The event presents a range of valuable opportunities for users:
- Zero trading fees on MNT Spot and Futures markets, helping users reduce costs and optimize returns.
- Up to 500% APR through MNT staking, offering one of the most competitive yields currently available.
- Token rewards via Launchpool, where users can stake USDT, MX, or MNT to earn additional MNT tokens and exclusive benefits.
Additionally, users can join the Deposit & Trade campaign, designed with a low entry threshold—ideal for newcomers looking to explore the ecosystem. For seasoned traders, the Futures Trading Competition provides a platform to demonstrate their trading expertise, climb the leaderboard based on trading volume, and compete for a share of the $300,000 prize pool.
Event Overview
Period: March 31, 2025, 10:00 – April 30, 2025, 10:00 (UTC)
During the event period, users can participate in the following MNT-related activities on the platform by clicking on the links below.
Event 1: MNT trading (Spot and Futures) is available with zero trading fees.
Event 2: Users who deposit and trade MNT on the Spot market may qualify to share a pool of 113,340 MNT.
Event 3: MNT staking offers returns of up to 500% APR, subject to platform terms.
Event 4: A Futures Trading event allows participants to compete for a share of 300,000 USDT in bonus rewards.
Event 5: The MNT Launchpool enables users to stake selected tokens in exchange for a portion of 240,000 MNT in rewards.
As a pioneering Layer-2 scaling solution for Ethereum, Mantle uses Optimistic Rollup technology to lower transaction costs and improve network performance. This collaboration highlights MEXC’s leadership in backing innovative blockchain projects and its unwavering commitment to offering users diverse, cutting-edge trading opportunities, lowering costs and helping them maximize their potential returns.
Looking ahead, MEXC is committed to continuously enhancing the trading experience by introducing innovative features, expanding user opportunities, and launching new initiatives aligned with the dynamic nature of the cryptocurrency market.
For further details on the event, please see the official announcement.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Photo – https://mma.prnewswire.com/media/2653614/1920×1080.jpg
Logo – https://mma.prnewswire.com/media/2645195/MEXC_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/mexc-unveils-mnt-promotion-offering-up-to-1-million-in-rewards-302415363.html
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