Odaily Planet Daily reported that stablecoin issuer IDA successfully raised $6 million in a seed round of financing led by CMCC Global! 💰This financing also attracted the participation of well-known investors such as Titan Fund and Hashed. IDA plans to use this fund to advance the development and launch of its first fiat reference stablecoin HKDA, with the goal of regulating it in Hong Kong. 🌏

Other participants include many well-known institutions such as Hack VC, Anagram, GSR, and angel investors such as Solana co-founder Raj Gokal. This financing not only injects new vitality into IDA, but also brings more expectations to the stablecoin market. 🚀

Although the overall market performance is neutral, Bitcoin remains the focus of our optimism. 📈