Crypto compliance platform Kea completes €6 million extended seed round financing

Jinse Finance reported that the cryptocurrency compliance platform Kea has completed an extended seed round of financing, raising 6 million euros at a post-money valuation of 40 million euros. The lead investor is a Swiss private investor, but the specific name was not disclosed. The company mainly provides compliance management services for cryptocurrencies, stablecoins, foreign exchange, SEPA, SWIFT, and IBAN accounts. The new funds will be used to apply for EMI licenses in the UK, UAE, and the EU, and to develop stablecoin infrastructure as needed.