According to Odaily Planet Daily, Egyptian blockchain fintech company Munify has announced the completion of a $3 million seed round of funding, with participation from strategic investors such as BYLD and Grayscale's parent company, Digital Currency Group. The company leverages blockchain technology to provide individuals and businesses with instant multi-currency sending and receiving services, and has launched a virtual card backed by stablecoins. Currently, its business covers the United States, the United Kingdom, Europe, and the Gulf Cooperation Council (GCC) member states. The new funds will be used to expand into other markets and expand its compliance team. (laraontheblock)