Obita completed financing of over 10 million US dollars, led by Yuanjing Capital and others

Obita, an enterprise-level cross-border payment and digital financial network, completed an angel round of financing of over 10 million US dollars, led by Yuanjing Capital and Mirana Ventures, and Junlian Capital, HashKey Capital, Web3.com Ventures and others participated in the investment. The funds raised will be focused on core system research and development, compliance construction applications and market expansion, and accelerate the layout of the global stablecoin cross-border payment network. With compliant stablecoins as the core, Obita is building a blockchain native payment network under the Obita Mesh framework, aiming to enable enterprises to enjoy a low-cost, real-time payment and regulatory settlement experience. Faced with industry pain points such as high exchange costs, slow arrival and insufficient transparency of capital flows, Obita deeply integrates enterprise-level compliance systems, cross-border clearing networks with integrated fund management tools, reshapes the capital flow methods of cross-border trade, cross-border e-commerce and supply chain platforms, and takes the lead in layout of high-growth markets such as Southeast Asia, Central Asia, Africa and Latin America.