Big news, COCA fam! We’re thrilled to announce that COCA has secured strategic investment from the Stellar Development Foundation (SDF) and FunFair Ventures! 🎉 This isn’t just a financial boost—it’s a game-changing milestone that will help us supercharge the future of stablecoin payments and expand deeper into the Stellar ecosystem.
🚀 Why This Investment is a Game-Changer
Since launching just a year ago, COCA has already onboarded over 1 million users, proving that stablecoins are the future of digital payments. Our mission has always been simple: make stablecoin and crypto payments seamless, secure, and accessible for everyone—without the headaches of private key management, high fees, or limited merchant acceptance.
With this new funding, we’re ready to scale at lightning speed and make stablecoin payments as easy as using your everyday bank card. Thanks to our deep integration with the Stellar network, COCA users can pay with stablecoins at over 80 million merchants worldwide via our non-custodial Visa debit cards and IBANs.
🔥 What This Means for You
So, what’s next for COCA? We’re doubling down on innovation to bring you the best stablecoin payment experience. Here’s how:
✅ Seamless Stablecoin Payments – Spend stablecoins anywhere with COCA’s non-custodial debit cards & IBANs—no intermediaries, no friction.
✅ Deep Stellar Integration – From MoneyGram’s global remittance services to Soroban smart contracts, we’re tapping into Stellar’s powerhouse ecosystem.
✅ MPC Security & Anonymous Biometric Backup – Your wallet is safer than ever, with no private keys to lose and next-gen biometric backup.
✅ Universal Gas Token (UGT) – A game-changer that lets you pay gas fees across multiple blockchains with a single token.
✅ Zero-Fee Swaps & Cross-Chain Transactions – Sending stablecoins just got cheaper and easier.
✅ Crypto Cashback on Every Purchase – Get rewarded with crypto cashback every time you spend with your COCA card.
💬 Words from Our Partners
Pavel Matveev, our Product Advisor, says it best: "This investment is not just financial—it’s a strategic milestone. COCA and Stellar Development Foundation share the same vision of making everyday financial services accessible. With Stellar’s support, we’re scaling faster, expanding our platform, and strengthening our position in the global payments space."
Denelle Dixon, CEO & Executive Director of Stellar Development Foundation, shares our excitement: "Stablecoins are powering payments and opening up economic opportunities for millions. COCA’s user-friendly, non-custodial approach is exactly what’s needed to drive adoption, and we’re proud to support them."
💡 The Future is Now
With this investment, COCA is set to revolutionize the way people use stablecoins—turning them into a true everyday payment method. No banks, no intermediaries, just pure financial freedom.
We’re just getting started. Stay tuned for more updates as we build the future of stablecoin payments together! 🚀
About Stellar Enterprise Fund
SDF's Enterprise Fund is a venture-style fund for growing the open-source Stellar network globally.Â
About Stellar
Stellar is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world's financial infrastructure. Financial institutions worldwide issue assets and settle payments on the Stellar network.
About Stellar Development Foundation
The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar, an open-source network that connects the world's financial infrastructure. Founded in 2014, the Foundation helps maintain Stellar's codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world's economic potential through blockchain technology.
About Funfair Ventures
Funfair Ventures supports early-stage blockchain projects through funding and advisory services. Utilizing its own capital, the firm delivers genuine value and ongoing support to its investment partners. Since 2016, Funfair Ventures has been actively involved in developing, launching, operating, and marketing successful decentralized gaming applications, as well as managing a top 100 ERC20 token economy. With extensive expertise in gaming, blockchain technology, and tokenomics, the company brings deep industry knowledge to its investments.
👉 Ready to experience COCA? Download the app now at www.coca.xyz.
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