According to TechFlow, on January 4, stablecoin issuer Tether forwarded financing information on the X platform, showing that Bitcoin technology company JAN3 completed a $5 million seed round of financing.
The financing was led by Fulgur Ventures, with participation from Grupo Salinas, Tether, Lightning Ventures, East Ventures, Plan B Fund, Bitcoin Opportunity Fund and NYDIG.
The company will invest $1 million to build a Bitcoin vault and purchase 12 Bitcoins at an average price of $83,333.33. The new funds will be used to accelerate product development and market expansion, with a focus on Latin American and Asian markets.
In addition, JAN3 plans to add features such as credit cards, loans, and local deposits and withdrawals.
