KUN, the rising heavyweight in Asia’s stablecoin-powered payments sector, just closed an oversubscribed Series A funding round, adding fresh fuel to its breakneck growth trajectory.

Backed again by BAI Capital and GSR Ventures—and joined by a Hong Kong-listed conglomerate and Eternium Global—KUN’s total funding now tops $50 million in just under two years. The new capital underscores growing investor conviction in KUN’s vision: to build a fully compliant, blockchain-based infrastructure for cross-border payments and embedded finance.

Stablecoins at the Center of Cross-Border Disruption

KUN’s pitch isn’t subtle: ditch legacy rails like SWIFT and build a faster, more transparent alternative around stablecoins and decentralized infrastructure. And the market seems to be listening.

Over the past 12 months, KUN’s transaction volume has surged 200% month-over-month, driven by adoption from thousands of enterprise and institutional users. The platform promises to slash cross-border costs, reduce settlement times, and automate compliance—features traditional systems still struggle to deliver.

The platform’s compliance-first foundation—especially in Asia’s complex regulatory environment—has been a key growth lever. Licensed in both Hong Kong and Singapore, KUN is already pushing for broader global regulatory coverage as it builds out a Web2-Web3 hybrid financial ecosystem.

Building a Real-World Blockchain Bridge

KUN’s ambition isn’t just about speed or convenience—it’s about transforming how international business works. A case in point: its new partnership with TradeGo, a platform for global commodity trading. Together, they’ll integrate blockchain-based electronic Bills of Lading (eBLs), stablecoin settlement rails, and trade compliance protocols into a “three-in-one” infrastructure spanning logistics, information, and capital.

The initiative aims to modernize large-scale trade transactions—often plagued by paper documents, fragmented systems, and days-long settlements—into seamless, compliant, and near-instant experiences.

Meanwhile, strategic investor Eternium Global, with holdings across logistics, insurance, commodities, energy, and healthcare, plans to use KUN’s infrastructure to drive stablecoin-powered payments across its business ecosystem. The move could help bring Web3 finance into real-world, cross-sector applications.

“Cross-border payments is the killer app of blockchain right now,” said Kent Cai, CEO of Eternium Global. “And KUN is building the rails.”

From Stablecoin Payments to Digital FX Networks

While early stablecoin adopters often chased regulatory arbitrage or speculative use cases, KUN has taken a different route: it’s building the financial plumbing for tomorrow’s digital trade economy. Think decentralized FX, AI-powered compliance engines, and programmable wallets—all wrapped in a UX polished enough for enterprise adoption.

And it’s doing so just as the global stablecoin market is heating up. The U.S. is inching toward clearer regulation, while Asia is carving out its own frameworks for digital asset compliance and institutional use.

“The real opportunity lies in building decentralized financial infrastructure—not just issuing stablecoins,” said William Zhao of BAI Capital. “KUN is leading the way in Asia.”

What’s Next?

Founder and CEO Louis Liu said the new funding will go into:

• Blockchain infrastructure and wallet tech
• AI-driven risk control (KYC/AML/KYT)
• Security enhancements for global transactions
• Licensing and institutional expansion worldwide
• Team growth across key regions

The broader goal? To create a Web2-Web3 hybrid payment network that bridges traditional finance with next-gen rails—and to do it globally.

If KUN succeeds, it won’t just be another payment processor. It’ll be the digital layer stitching together compliance, capital, and commerce across borders—using stablecoins as the glue.