Stablecoin company Loon completes approximately $2.15 million seed round financing

Jinse Finance reported that Canadian stablecoin company Loon has completed a seed round of financing of 3 million Canadian dollars (approximately 2.15 million USD), led by Version One Ventures, with participation from Garage Capital and a consortium of Canadian angel investors. It is reported that the company plans to launch a stablecoin based on the Canadian dollar to reduce reliance on USD stablecoins.