Hong Kong, June 30, 2025 – AllScale, a rising fintech innovator, has successfully raised $1.5 million in seed funding to advance its mission of making stablecoin-based financial tools accessible and compliant for small and medium-sized enterprises (SMEs). The funding round attracted support from notable investors including DraperDragon, Amber Group, Y2Z Capital, KuCoin Ventures, Oak Grove Ventures, Blockbooster, and Movemaker. The company is also part of the Hong Kong Cyberport Incubation Program.
As global stablecoin infrastructure matures with improvements in issuance, anti-money laundering (AML) protocols, and fiat on/off ramps many businesses still struggle with steep learning curves, integration hurdles, and regulatory complexity. AllScale aims to bridge this gap by offering an all-in-one platform that simplifies stablecoin invoicing, payroll, and social commerce.
The founding team brings a wealth of experience from companies like Kraken, Block, CapitalOne, OKX, and TikTok, blending technical, legal, and compliance expertise to address real-world business challenges.
This funding comes at a pivotal time. The U.S. recently passed the GENIUS Act, and Hong Kong’s Stablecoin Ordinance is set to take effect in August 2025. These regulatory milestones are accelerating the mainstream adoption of stablecoins, especially for cross-border transactions.
AllScale’s toolkit is designed to help traditional businesses tap into the benefits of stablecoins, including:
- 🌍 Instant, low-cost global payments with minimal fees and no banking delays
- 💵 Price stability through fiat-pegged tokens
- 🌐 Financial access for the unbanked and underbanked
- 🤖 Programmable payments for AI-driven commerce
Its product suite includes:
- Stablecoin Social Commerce: Sell directly via messaging apps like Telegram, WhatsApp, and Line using a biolink storefront
- Stablecoin Invoicing: Send payment links that accept crypto, wire transfers, or cards—settled in stablecoins
- Stablecoin Payroll: Pay global teams instantly with full compliance
“AllScale is here to make stablecoins practical, secure, and easy for businesses everywhere,” said co-founder Shawn Pang. “We believe this technology is the backbone of the next era of global commerce.”
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