UnblockPay completes US$4.5 million seed round of financing for Wintermute

On May 4, UnblockPay, a stablecoin financial service platform, announced the completion of a US$4.5 million seed round of financing, led by Prelude, with PlugandPlay, Wintermute, Reverie, SignatureVentures, TriaxisCapital, CresceraCapital and a group of angel investors participating. The new funds will support it in building regulated financial products to help companies integrate stablecoins into their financial operations, and support seamless exchange between fiat and mainstream stablecoins such as USDC and USDT.