Schuman Financial Completes $7.36 Million Seed Round, Led by RockawayX

Odaily News Stablecoin issuer Schuman Financial completed a $7.36 million seed round in September, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. In addition, Schuman Financial launched the MiCA-compliant euro stablecoin EURØP. 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, including SEPA integration, banking channels, and custody partnerships with Tier 1 global banks such as Societe Generale.