Singapore stablecoin cross-border payment company XWeave completes $3 million seed round financing, led by Lightshift and others

According to TNGlobal, Singapore's stablecoin cross-border payment company XWeave announced the completion of a seed round financing of $3 million, led by Jungle Ventures and Lightshift, White Star Capital、Fabric Ventures、DCG、The Venture Dept.、 And venture capital studio Menyala and others participated in the investment. XWeave aims to combine traditional fiat currency systems with stablecoin networks to support real-time, compliant, and economically efficient fund flows across markets. Its non custodial infrastructure allows institutions to conduct cross-border transactions without custodial user funds, and the new funds will support its expansion of the network to other regions in the Middle East and Asia.