June 19, 2024
PsuB, short for Payment Swap Utility Board, is a service rooted in blockchain technology that simplifies the use and management of digital assets for profit generation and transactions. Essentially, it's a versatile project with potential for growth in financial sectors like DE-FI and wallet insurance, and it's designed for practical application in everyday life, offering limitless possibilities for ecosystem expansion.
Project | Latest Raise | Latest Raise Date | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|
PsuB | $10M | June 19, 2024 | $10M | LDA Capital | NFT |
The PsuB Project has secured a $10 million investment from the international investment group, LDA Capital Limited, to fast-track the development of its global platform. (Additional details about LDA can be found later in the article.)
The agreement between the PsuB Foundation and LDA Capital involves a "token purchase program." In this arrangement, LDA Capital agrees to buy PsuB tokens up to a total of USD 10,000,000 over a three-year period, as requested by the PsuB Foundation.
The Head of Management at the PsuB Foundation expressed that their financial collaboration with LDA Capital is instrumental in establishing a circulation system for 'payment' and 'utility' functions. This partnership lays the foundation for the platform to attract global market attention.
About PsuB
The Payment Swap Utility Board, abbreviated as PsuB, is Cryptocurrency Facilitating Payments in its NFT Marketplace. It’s a versatile project with potential for growth in financial sectors like DE-FI and wallet insurance. The project is designed for practical application in everyday life, offering limitless possibilities for ecosystem expansion.
Website: https://psub.io/
X Followers today: 14,891
About Investor
Investor: LDA Capital
LDA Capital is an alternative investment group that specializes in complex, cross-border transactions. Founded in 2018, the firm focuses on investing in high growth and capital-intensive businesses globally. The founders have a 20-year business history and have collectively executed over 250 transactions across the capital structure in both the public and private markets.
The team at LDA Capital has dedicated their careers to international, cross-border opportunities, having executed in 43 countries with aggregate transaction values of over $11 billion. Their investment strategies include Global Public Equities, Credit, Growth Private Equity, and Digital Assets
Website/s: https://www.ldacap.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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