Rhuna Secures $2M to Enhance Stablecoin Payments in Entertainment
- Rhuna, a Romania-based platform, raised $2 million in seed funding led by Aptos Labs.
- The investment aims to expand Rhuna’s stablecoin payment infrastructure in the entertainment industry.
- Rhuna has processed over $90 million in volume and supported more than 2 million users through pilot deployments.
- The platform has powered over 165 events, including major festivals like UNTOLD and Neversea.
- Funding will enhance payments, settlement rails, and launch a consumer app for seamless event experiences.
Rhuna is expanding its reach globally with plans to support Dubai’s first mega festival, UNTOLD Dubai, showcasing its scalability across entertainment ecosystems. The new funding will bolster Rhuna’s infrastructure to provide wallet-native payments and real-time stablecoin settlements at events worldwide.
With this investment, Rhuna aims to make on-chain payments accessible for millions of users globally while enhancing the entertainment experience through programmable and verifiable transactions. (Source)