[New Fundraising] BLOX Completes $1 Million Seed Round Led by Kivo Technology
BLOX is a stablecoin issuer in Malaysia, specializing in the issuance of MYRC, a fiat-backed stablecoin that is 1:1 anchored to the Malaysian Ringgit (MYR). The project aims to build an on-chain settlement infrastructure for local currency in Malaysia, connecting traditional finance with blockchain, supporting scenarios such as payments, cross-border settlements, salary distribution, and merchant payments, and reducing dependence on USD-based stablecoins.
More about BLOX：https://www.rootdata.com/projects/detail/BLOX?k=MjU1MDA%3D
Source：https://fintechnews.my/60262/blockchain/blox-seed-funding/
Fintech News Malaysia
BLOX Raises US$1 Million Seed Funding to Scale Ringgit Backed Stablecoin MYRC
BLOX raises US$1 million in seed funding to expand its ringgit-backed stablecoin MYRC and digital asset products in Malaysia.
August 14, 2026 501
