UBOX secures 10 million US dollar SEED financing for StableCoin Clearing platform with the support of Galaxy Ventures and Coinbase

UBOX secures 10 million US dollar SEED financing for StableCoin Clearing platform with the support of Galaxy Ventures and Coinbase
UbyX: 10 million US dollar Seed financing for stablecoin clearing platform
The StableCoin Clearing platform UBOX has collected impressive $ 10 million in a recent seed financing round. This financing round was led by Galaxy Ventures. The other investors include Coinbase, a prominent actor in the field of cryptocurrencies.
ubyx aims to offer a reliable and efficient solution in dealing with stable coins that are becoming increasingly important in the cryptocurrency industry. The support of renowned investors such as Galaxy Ventures and Coinbase underlines confidence in the potential of the platform and their future development.
The development and establishment of stable coins has increased significantly in recent years, since they are considered less volatile digital assets and are therefore suitable for various financial transactions and services. With the support of these investors, UBOX could be able to set new standards in the area of clearing and the handling of stablecoin transactions.
Overall, this financing round could be a significant step for UBOX to realize their vision and to promote more innovations in the financial sector. The interests of great investors indicate that UBOX is on the right track to play an important role in the rapidly growing market of the stable coins.