Obita Secures $10M in Angel Funding to Launch Revolutionary Stablecoin-Powered Payment Network
Hong Kong, September 3, 2025 – Obita, a pioneering enterprise-level cross-border payment and digital financial network, has successfully raised over US$10 million in its angel round financing [1], marking a significant milestone in its mission to transform global financial infrastructure. The funding round, announced on September 1, 2025, was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other prominent institutional and individual investors. The capital will fuel the development and global expansion of Obita’s blockchain-native payment network, powered by its innovative stablecoin, ObitaCoin, designed to address inefficiencies in cross-border transactions.
Introducing ObitaCoin: A Stablecoin for Global Trade
At the heart of Obita’s vision is ObitaCoin, a regulatory-compliant stablecoin designed to facilitate low-cost, real-time settlements for global enterprises. Built on the Obita Mesh framework, ObitaCoin leverages blockchain technology to tackle longstanding pain points in cross-border payments, including high foreign exchange costs, delayed settlements, and lack of transparency in fund flows. By integrating enterprise-grade compliance systems, cross-border clearing networks, and unified treasury management tools, ObitaCoin aims to redefine how capital moves across industries such as international trade, e-commerce, and supply chain finance.
“Cross-border payments are at a tipping point driven by stablecoin innovation,” said Dayong Zhang, Co-founder and CEO of Obita. “With ObitaCoin, we aim to integrate blockchain technology’s revolutionary potential into real-world global capital flows, offering enterprises secure, compliant, and high-quality integrated services.”
ObitaCoin is poised to capitalize on the global wave of stablecoin legislation and compliance advancements, ensuring that its payment network adheres to regulatory standards across multiple jurisdictions. The stablecoin’s infrastructure supports real-time fund tracking and seamless settlement layers, making it a game-changer for businesses operating in high-growth markets such as Southeast Asia, Central Asia, Africa, and Latin America.
Strategic Funding to Accelerate Global Expansion
The $10 million angel round will be allocated to system research and development, compliance infrastructure enhancements, and global market expansion. This financial backing positions Obita to accelerate the deployment of its stablecoin-powered payment network, with a focus on emerging markets where remittance and trade volumes are rapidly growing. The company’s robust investor base, including industry leaders like Vision Plus Capital and Mirana Ventures, underscores confidence in Obita’s vision and its ability to execute.
“Cross-border B2B payment is a crucial infrastructure for global trade,” said Yiran Liu [2], Managing Partner at Vision Plus Capital. “Obita’s stablecoin-centered solution, ObitaCoin, significantly improves cost efficiency. We have full confidence in the Obita team’s accumulated experience in global fintech and diverse cross-sector backgrounds.”
David Toh [3], Managing Partner at Mirana Ventures, added, “By embedding compliant stablecoin settlement into global trade frameworks, Obita is catalyzing industry-wide upgrades. ObitaCoin is a pivotal step toward modernizing international payments.”
Tony Wang, Managing Director of Legend Capital, highlighted the broader implications of Obita’s approach: “Bridging Web2 and Web3 worlds represents the biggest opportunity in today’s fintech landscape. Obita’s team, with deep expertise across both domains, is uniquely positioned to lead this trend with ObitaCoin.”
A Leadership Team with Proven Expertise
Obita’s leadership team brings together top talent from fintech, cross-border payments, and digital asset industries. CEO Dayong Zhang is a renowned leader with a track record of innovation in global payments and digital assets. Previously, as CCO of HashKey Group, CEO of HashKey Onchain BG, and Executive Director at RD Technologies, Zhang spearheaded the development of fiat products for HashKey’s trading platform and facilitated the entry of HKDR, a stablecoin, into the Hong Kong Monetary Authority’s stablecoin issuer sandbox. His tenure as Ant Group’s Regional Head for South and Southeast Asia saw the creation of market-leading digital wallet products and significant expansion of Ant’s global payment network.
Co-founder and Chief Business Officer Vincent Yang is a seasoned entrepreneur with a history of founding successful ventures, including abComo and anyStarr, and co-founding Longbridge Securities. Yang’s experience at AliExpress and Ant Financial, where he led cross-border payment and digital finance projects in Southeast Asia, Europe, and Latin America, equips him with deep insights into global market operations and strategic partnerships.
Redefining Cross-Border Financial Connectivity
By addressing challenges such as high costs, slow settlements, and opaque fund movements, Obita offers a scalable, transparent, and cost-efficient solution for global trade. The company’s initial focus on high-growth regions positions it to capture significant market share in areas with burgeoning economic activity.
As Obita rolls out its stablecoin-powered payment network, it is poised to lead the charge in the stablecoin-driven digital finance revolution. With a clear mission, a seasoned leadership team, and robust investor support, Obita and its ObitaCoin stablecoin are set to reshape the future of cross-border financial connectivity, driving real-world adoption and economic efficiency across the globe.