# WasabiCard Raises Nearly US$10 Million to Accelerate Global Payment Infrastructure Expansion
We are excited to announce that WasabiCard has successfully raised **nearly US$10 million** across its Seed and Pre-A financing rounds, with participation from **Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC**.
This milestone marks an important step forward in our mission to build the next generation of global payment infrastructure, connecting stablecoins with real-world financial applications through compliant, scalable, and enterprise-ready solutions.
**The new funding will be used to strengthen WasabiCard’s global payment capabilities, enhance card issuing and payout infrastructure, accelerate international expansion, and support continued investment in compliance, product development, and operational excellence.**
The timing reflects a broader shift taking place across the payments industry. Stablecoins are rapidly evolving beyond trading and becoming an increasingly important component of global commerce. As businesses seek faster settlement, more efficient treasury management, and seamless cross-border fund movement, demand is growing for infrastructure that can bridge digital assets with traditional financial systems.
At WasabiCard, we believe the future of payments will be more global, programmable, and internet-native. Our focus is on building the infrastructure layer that enables enterprises to move value across borders with greater efficiency while maintaining the compliance and reliability required for large-scale adoption.
Since launch, WasabiCard has continued expanding its global footprint and enterprise customer base. Today, the platform serves more than 500 enterprise clients worldwide, has issued over 500,000 cards, and has processed more than US$1 billion in cumulative transaction volume. These milestones reflect increasing demand for payment infrastructure that supports modern global businesses operating across multiple markets and financial networks.
*“Global payment infrastructure is entering a new transition cycle driven by stablecoins and programmable finance,”* **said Ray Yang, Co-founder of WasabiCard.** *“We believe the future of payments will become significantly more global, real-time, and internet-native. This funding allows us to continue building the infrastructure that helps enterprises move value across borders more efficiently.*”
Looking ahead, WasabiCard will continue investing in global card issuing, enterprise payouts, stablecoin-powered payment solutions, and infrastructure capabilities supporting AI-driven payment workflows and internet-native commerce. **As payment technologies continue to evolve, our goal remains clear: to build trusted, compliant, and scalable financial infrastructure for the next generation of global businesses.**
We are grateful to our investors, partners, clients, and community for their continued support. This funding is not just a milestone for WasabiCard—it is another step toward a more connected and efficient global financial ecosystem.
#### About WasabiCard
[WasabiCard](https://wasabicard.com/) is a global payment infrastructure platform enabling enterprises, fintechs, and internet-native businesses to issue cards, distribute payouts, and manage cross-border payments through stablecoin-powered financial infrastructure. Its platform supports global card issuing, multi-currency settlement, stablecoin funding, and embedded payment capabilities designed for modern global commerce. WasabiCard powers payment use cases across media buying, SaaS subscriptions, global payroll, treasury management, and digital financial applications.
#### **About Vernal Capital**
Vernal Capital is a Singapore-headquartered investment and incubation platform focused on artificial intelligence, blockchain, and next-generation digital infrastructure. Through an integrated framework of Venture Investment, Company Building, and Strategic M\&A, Vernal partners with visionary founders and management teams to accelerate innovation and scale transformative businesses.
With deep expertise spanning traditional industries, digital assets, compliance technology, and emerging technologies, Vernal Capital bridges the gap between Web2 and Web3, helping companies navigate complex regulatory environments while unlocking sustainable growth opportunities.
Driven by a long-term investment philosophy, Vernal Capital is committed to supporting technologies that create enduring value, backing founders with integrity and ambition, and building companies that deliver meaningful impact for businesses, society, and the future.
#### About Avenir Group
[Avenir Group](https://avenirx.com/) is a pioneering investment group dedicated to the strategic integration of traditional finance and digital assets, driving innovation to build a leading financial ecosystem and infrastructure. Through an integrated framework of Investment, Incubation, and Operations, the group’s investments focus on digital assets, trading and financial service platforms, PayFi infrastructure, and Real World Assets (RWA). As Asia’s largest institutional Bitcoin ETF holder, Avenir Group leads the regional market. With proven financial expertise and industry-leading capabilities, the group establishes its role as a global hub advancing capital mobility and strategic partnerships.
***
**Disclaimer：***This publication is for informational purposes only and does not constitute legal, tax, or professional advice from WasabiCard, nor does it substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency. If you would like to request an update, feel free to contact us at \[*[*support@wasabidesk.com*](mailto:support@wasabidesk.com)*].*
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