PANews reported on October 23rd that Moon Inc. (HKEX: 1723), a Hong Kong-listed company, announced the completion of a funding round of approximately HK$65.5 million (approximately US$8.8 million). This round of financing was supported by several Bitcoin mining companies and investors through new shares and convertible bonds. Moon Inc. plans to use the funds for pan-Asian expansion, initially in Thailand and South Korea, and to launch a prepaid card product supporting Bitcoin transactions. The company combines telecom prepaid card distribution channels with blockchain technology, allowing users to purchase, store, and transfer Bitcoin without complex wallet setup. Moon Inc. was previously controlled by Sora Ventures and UTXO Management and was named one of Hong Kong's "Top 10 Innovative Companies" by Capital Magazine.PANews reported on October 23rd that Moon Inc. (HKEX: 1723), a Hong Kong-listed company, announced the completion of a funding round of approximately HK$65.5 million (approximately US$8.8 million). This round of financing was supported by several Bitcoin mining companies and investors through new shares and convertible bonds. Moon Inc. plans to use the funds for pan-Asian expansion, initially in Thailand and South Korea, and to launch a prepaid card product supporting Bitcoin transactions. The company combines telecom prepaid card distribution channels with blockchain technology, allowing users to purchase, store, and transfer Bitcoin without complex wallet setup. Moon Inc. was previously controlled by Sora Ventures and UTXO Management and was named one of Hong Kong's "Top 10 Innovative Companies" by Capital Magazine.
Moon completes $8.8 million in funding, becoming the first Hong Kong-listed company to issue a Bitcoin prepaid card globally
2025/10/23 11:37
PANews reported on October 23rd that Moon Inc. (HKEX: 1723), a Hong Kong-listed company, announced the completion of a funding round of approximately HK$65.5 million (approximately US$8.8 million). This round of financing was supported by several Bitcoin mining companies and investors through new shares and convertible bonds. Moon Inc. plans to use the funds for pan-Asian expansion, initially in Thailand and South Korea, and to launch a prepaid card product supporting Bitcoin transactions. The company combines telecom prepaid card distribution channels with blockchain technology, allowing users to purchase, store, and transfer Bitcoin without complex wallet setup. Moon Inc. was previously controlled by Sora Ventures and UTXO Management and was named one of Hong Kong's "Top 10 Innovative Companies" by Capital Magazine.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
The Big Whale Has Gone All In: Accelerating Heavy Buying in This Altcoin
The post The Big Whale Has Gone All In: Accelerating Heavy Buying in This Altcoin appeared on BitcoinEthereumNews.com. According to on-chain analytics data, an address that has been regularly accumulating Solana (SOL) through over-the-counter (OTC) transactions since late April has significantly increased its purchases in recent days. According to the analysis, the address in question purchased 249,500 SOL (approximately $46.78 million) through the FalconX and Wintermute platforms in the last 4 days alone. This address reportedly purchased a total of 827,000 SOL (approximately $146 million) since the end of April, staking all of these assets. The average purchase price was calculated at $177. Related News: Today’s Most Talked About Altcoin GIGGLE Receives Confusing Official Statement – “Not Affiliated With Us” At the time of writing, Solana is trading at $194. SOL had fallen from $260 to as low as $8 during the massive FTX crash at the end of 2022 due to the large holdings of SOL coins by Alameda Research, a company owned by the defunct exchange. This year, SOL broke records, reaching an all-time high of $294 in January. *This is not investment advice. Continue Reading: The Big Whale Has Gone All In: Accelerating Heavy Buying in This Altcoin Source: https://en.bitcoinsistemi.com/the-big-whale-has-gone-all-in-accelerating-heavy-buying-in-this-altcoin/
Share
2025/10/26 05:51
Bitcoin Core Drops Four New Security Alerts, What’s at Risk?
The Bitcoin core team has revealed four new advisories for the Bitcoin network, but the issues have now been fixed in the most recent Bitcoin upgrade.
Share
2025/10/26 04:59
What You Need to Know About Advanced Patterns for Symfony HttpClient
I’ll explore high-performance concurrency, memory-safe streaming with new Symfony features, advanced resilience with retries and circuit breakers, automated auth, and dynamic testing.
Share
2025/10/26 01:11