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BLOX Raises US$1 Million Seed Funding for MYRC Stablecoin Expansion, Led by Kivo Technology. The funding supports growth, regulatory engagement, and product development.

PRIVATEAug 14, 2026•1 day ago

Amount Raised

$1 Million

Round Type

Seed

MumbaiReal EstateE CommerceCommercial Real Estate

Investors

Kivo Technology

Description

Malaysian fintech BLOX has raised US$1 million in seed funding to expand its ringgit-backed stablecoin MYRC. The round was led by Kivo Technology, with participation from other investors. BLOX plans to use the funding to develop products for businesses and institutions and support regulatory engagement. The company reported a significant increase in cumulative transaction volume for MYRC over the past year.

Company Information

Company

Blox

Location

Mumbai, Maharashtra, India

About

Blox is all set to change the realm of the real estate industry in India through new- age digitalization that sets the standards for the future. As India’s first technology based and consumer-centric real estate buying platform, Blox’s mission is to transform the process of buying Indian Real Estate. It's a fully integrated online system that will address pain points in the real estate market and make transactions in the space seamless.

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