
PANews|Sep 30, 2025 11:50
[xMoney Secures $21.5 Million Strategic Funding Led by Sui Foundation, Token XMN to Launch in Early October]
According to BeInCrypto, xMoney announced it has secured $21.5 million in strategic funding, led by the Sui Foundation with participation from MultiversX. xMoney stated that it has become a MiCA-compliant Licensed EMI and a PCI DSS Level 1 certified institution, as well as a principal member of Visa and Mastercard, serving over 5,000 merchants (including the Principality of Liechtenstein, among others). The company plans to launch its token XMN for the first time in early October and advance mechanisms for buybacks, liquidity, and value sharing. The official statement noted that its stablecoin payment infrastructure covers debit cards, subscriptions, and cross-border settlements.
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