Stablecoin issuer Schuman Financial completes $7.36 million seed round financing, led by RockawayX

ChainCatcher news, stablecoin issuer Schuman Financial has completed a $7.36 million seed round financing, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund, and Bankless Ventures.

In addition, Schuman Financial has launched the euro stablecoin EURØP, compliant with MiCA standards.

Schuman Financial has become the first European company to obtain a stablecoin issuer license in France, and the company is building an ecosystem around EURØP, which includes SEPA integration, banking channels, and custodial partnerships with tier-one global banks such as Société Générale.