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JAN3 completed a $5 million financing and plans to expand into the Latin American and Asian markets
CoinWorld News, stablecoin issuer Tether relayed fundraising information on X platform, showing that BTC tech company JAN3 completed a $5 million seed round financing. The financing was led by Fulgur Ventures, with participation from Grupo Salinas, Tether, Lightning Ventures, East Ventures, Plan B Fund, Bitcoin Opportunity Fund, and NYDIG. The company will invest $1 million to establish a BTC treasury, purchasing 12 BTC at an average price of $83,333.33. The new financing will be used to accelerate product development and market expansion, with a focus on Latin America and Asian markets. In addition, JAN3 plans to add functions such as credit cards, loans, and local deposit and withdrawal.