Hong Kong-listed company Moon raises about $8.8 million to launch Bitcoin prepaid cards in Thailand and South Korea
Internet reports that Hong Kong-listed company Moon Inc. (HKEx: 1723) has raised approximately US$8.8 million, plans to launch Bitcoin prepaid cards in Thailand and South Korea, and plans to expand across Asia. This round of financing is supported by a number of Bitcoin miners and investors through the issuance of new shares and Convertible bonds. According to documents filed with the Hong Kong Stock Exchange, the funds raised will be used to support Moon Inc.'s pan-Asian expansion plans, starting with Thailand and South Korea, as well as the launch of prepaid cards that support Bitcoin. The prepaid card allows users to purchase, store and transfer Bitcoin without the need for complex traditional wallet settings, combining Moon Inc.'s prepaid telecommunications expertise with innovative digital asset capabilities.
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