UnblockPay Raises $4.5 Million Seed Round Led by Prelude

The company said the new capital will be used to build regulated financial products that help businesses use stablecoins in treasury operations and convert fiat with USDC and USDT.

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Summary

UnblockPay announced a $4.5 million seed financing round led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and angel investors. According to the company, the funding will support regulated financial products designed to integrate stablecoins into treasury operations and enable fiat conversion using USDC and USDT. The focus reflects a broader industry push to use dollar-linked digital assets for payments, cash management, and cross-border settlement while operating within regulated financial frameworks.

Terms & Concepts
  • Stablecoins: Cryptocurrencies designed to maintain a stable value, often by being pegged to a fiat currency such as the U.S. dollar.
  • Treasury operations: Corporate cash-management activities, including holding, moving, and converting funds to support liquidity and payments.
  • USDC and USDT: Dollar-pegged stablecoins widely used for digital payments, trading, and transferring value across crypto networks.