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xMoney Raises $21.5M with Sui Foundation & MultiversX

xMoney secures $21.5M from Sui Foundation and MultiversX to expand its MiCA-licensed crypto payment network.

  • Sui Foundation and MultiversX led xMoney’s $21.5M funding round.
  • xMoney supports 5,000+ merchants with Visa/Mastercard integration.
  • The firm is fully licensed under the EU’s MiCA framework.

xMoney, a rising force in blockchain-based payments, has raised $21.5 million in strategic funding. The round was led by the Sui Foundation, with strong support from MultiversX. The capital will fuel xMoney’s expansion across Europe and beyond, bringing crypto payments closer to mainstream adoption.

Currently serving over 5,000 merchants, xMoney simplifies crypto transactions by integrating with Visa and Mastercard. This allows consumers to pay in crypto while merchants receive fiat, bridging the gap between blockchain and traditional finance.

Backed by MiCA Compliance

xMoney isn’t just scaling fast — it’s doing so by the book. The company is fully licensed under the Markets in Crypto-Assets (MiCA) regulation, making it one of the few crypto payment firms operating under a clear legal framework in the European Union.

This compliance is a major advantage, enabling xMoney to partner confidently with traditional financial institutions and expand across regulated markets. As regulators tighten oversight, MiCA licensing ensures xMoney is ahead of the curve.

Powered by Sui Foundation & MultiversX

The involvement of Sui Foundation and MultiversX speaks volumes about the industry’s confidence in xMoney. Both organizations are leaders in blockchain innovation, and their investment represents a strategic move to grow the ecosystem of real-world crypto use cases.

With this fresh funding, xMoney plans to expand its merchant base, develop new products, and further cement its role as a bridge between crypto and commerce. As crypto adoption rises, xMoney is well-positioned to lead the charge in regulated, scalable, and user-friendly payments.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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