Obita completes angel round financing of over 10 million US dollars, accelerating the layout of

# Obita, an Enterprise-Grade Cross-Border Payment and Digital Finance Network, Secures Over $10 Million in Angel Round Funding

Source: Obita  

Obita, an enterprise-grade cross-border payment and digital finance network, announced the completion of an angel round of financing exceeding $10 million. The round was co-led by Vertex Ventures and Mirana Ventures, with participation from well-known institutions and individuals including Legend Capital, HashKey Capital, and Web3.com Ventures. The funds raised will be primarily used for core system R&D, compliance development, and market expansion to accelerate the deployment of its global stablecoin-based cross-border payment network.  

Driven by the global wave of stablecoin legislation and compliance, cross-border payments are ushering in a new round of revolution.  

With compliant stablecoins at its core, Obita is building a blockchain-native payment network under the Obita Mesh framework, enabling global enterprises to access low-cost, real-time settlement, and regulatable settlement services. To address industry pain points such as high foreign exchange costs, slow fund arrival, and insufficient transparency of capital flows, Obita deeply integrates enterprise-level compliance systems, cross-border clearing networks, and integrated capital management tools. This integration reshapes the capital flow methods for cross-border trade, cross-border e-commerce, and supply chain platforms, while prioritizing layout in high-growth markets such as Southeast Asia, Central Asia, Africa, and Latin America.  

Obita’s core team brings together top talents from fields including fintech, cross-border payments, and crypto assets, boasting profound technical accumulation and forward-looking industry insights. The team has extensive experience in global payment network construction, compliant operations, and payment financial product design, and has consistently led innovation and iteration in the cross-border digital payment industry.  

- **Zhang Dayong – Co-Founder & Chief Executive Officer (CEO)**: He has outstanding practical experience and industry influence in fintech products, global payment network construction, and crypto asset ecosystem development. Previously, he served as Chief Commercial Officer (CCO) of HashKey Group, CEO of the Onchain Business Unit, and Executive Director of Yuan Coin Technology. He led the development of fiat currency products for HashKey’s global trading platform, drove HashKey Chain to become the preferred public chain for compliant Real-World Assets (RWA) in Hong Kong, and facilitated the inclusion of RD stablecoin into the Hong Kong Monetary Authority (HKMA) regulatory sandbox. During his tenure as Regional General Manager for South Asia and Southeast Asia at Ant Group, he led the development of leading local super unicorn wallet products in multiple countries and advanced the deployment of Ant Group’s global payment network.  

- **Vincent YANG – Co-Founder & Chief Business Officer (CBO)**: A serial entrepreneur, he has founded abComo and anyStarr successively and was a former co-founder of Longbridge Securities. As a key member of the international business development teams at AliExpress and Ant Group, he led the implementation of multiple cross-border payment and digital finance projects in Southeast Asia, Europe, and Latin America. He has a deep understanding and strong execution capabilities in global market operations from scratch, strategic cooperation, and business expansion.  

Zhang Dayong, Co-Founder and CEO of Obita, stated: “Cross-border payments are at a node of structural transformation driven by stablecoins. We aim to leverage enterprise-grade performance, end-to-end compliance and security, and high-quality, user-friendly integrated services to implement the global payment innovation of blockchain technology into the capital flow of real trade.”  

Liu Yiran, Managing Partner of Vertex Ventures, said: “Cross-border B2B payments are a critical infrastructure for global trade. Obita’s stablecoin-centric solution significantly improves the cost-efficiency of cross-border payments. We are optimistic about Obita’s team, which has accumulated rich experience in the global fintech sector and possesses diverse cross-industry backgrounds. Vertex Ventures has an extensive portfolio in cross-border fintech and is willing to work with Obita to explore more possibilities of stablecoins in the payment field.”  

David Toh, Managing Partner of Mirana Ventures, commented: “With compliance as its cornerstone, Obita integrates stablecoin settlement into the core links of global trade, driving the industry to accelerate its upgrading.”  

Wang Wenlong, Managing Director of Legend Capital, noted: “Bridging the Web2 and Web3 worlds is the biggest opportunity in the current FinTech sector. Obita has assembled senior professionals with backgrounds in both domains, making it an extremely rare team.”  

Deng Chao, CEO of HashKey Capital, added: “Obita’s solutions are highly aligned with HashKey’s layout in digital assets, compliance, and infrastructure. We will work together to accelerate industry transformation.”  

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