JAN3’s $5M funding marks a key step in making Bitcoin accessible globally with AQUA Wallet’s user-focused approach.
Strategic partners Grupo Salinas and East Ventures position JAN3 for impactful growth in Latin America and Asia.
AQUA Wallet’s seamless swaps and strong adoption signal its role as a bridge to financial freedom worldwide.
JAN3, a Bitcoin-focused business founded by Samson Mow, has raised $5 million in initial money to develop its AQUA Wallet. The goal of this investment is to increase user accessibility worldwide and onboard nations to Bitcoin. Led by Fulgur Ventures, the round also includes support from Grupo Salinas, Tether, and other prominent investors. This financial milestone is pivotal in driving Bitcoin adoption on a global scale.
Strategic Partners Propel AQUA Wallet Expansion
JAN3’s choice of investors highlights its strategic focus on Latin America and Asia. Grupo Salinas’ involvement, through its diverse ventures like Banco Azteca, brings financial inclusion expertise to the project. Meanwhile, East Ventures leverages its regional experience in Asia to support AQUA Wallet’s growth across Southeast Asia. These partnerships align with JAN3’s mission to make Bitcoin practical and transformative for emerging markets.
Additionally, Tether’s participation shows its commitment to financial freedom. The integration of Tether’s stablecoin, USDt, into AQUA Wallet enhances its usability for daily transactions. According to Tether CEO Paolo Ardoino, the wallet’s balance between Bitcoin savings and USDt spending has demonstrated exceptional product-market fit.
Scaling Up: AQUA’s Roadmap and Market Impact
The $5 million funding will fuel AQUA Wallet’s next growth phase, focusing on Marketplace integrations and expanding its features. This self-custodial wallet already facilitates seamless swaps across Bitcoin layers and Tether. However, the upcoming additions, like credit cards and local on/off ramps, aim to solidify its utility further.
JAN3’s emphasis on creating a Bitcoin Treasury is also noteworthy. Allocating $1 million from the funding, the company secured 12 BTC at an average cost of $83,333 per Bitcoin. This strategic move aligns with its long-term vision for Bitcoin as a global financial infrastructure.
Rapid Adoption Signals Promising Future
Recent metrics validate AQUA’s success. November 2024 saw over $11 million in swap volumes, indicating strong user adoption. Samson Mow’s vision for AQUA Wallet as a “Bitcoin Superapp” is gradually taking shape. The wallet offers real utility for users worldwide, bridging the gap between saving and spending in the Bitcoin ecosystem.
JAN3’s trajectory appears promising. This funding and its strategic partnerships could play a transformative role in global Bitcoin adoption. The next steps will be crucial in onboarding billions to Bitcoin.
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