BlockBeats news, on November 26, according to The Block, stablecoin issuer Schuman Financial completed a $7.36 million seed round of financing in September, led by RockawayX, Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures participated in the investment. Additionally, Schuman Financial launched EURØP, a MiCA-compliant euro stablecoin.
Schuman Financial, which has become the first European company to receive a stablecoin issuer license in France, is building an ecosystem around EURØP that includes SEPA integration, banking channels and custody partnerships with Tier 1 global banks such as Societe Generale.
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