JAN3 raised 5 million USD in seed funding to develop its Bitcoin superapp, AQUA. The funding round was led by Fulgur Ventures, with participation from Tether and others. This follows a previous pre-seed round of 620,000 USD secured earlier in 2023, reflecting a growing interest and investment in the company’s innovative financial solutions.

AQUA bridges Bitcoin savings with the convenience of spending via Tether’s USDT. The app supports the Liquid Network and offers native integration with USDT. JAN3 plans to allocate 1 million USD to establish a Bitcoin treasury, acquiring BTC at an average price of 83,333 USD each. This move positions AQUA as a comprehensive financial tool.

The new funding will expand AQUA’s functionalities by integrating credit cards, loans, and local transaction options. CEO Samson Mow aims to onboard a billion PEOPLE to Bitcoin through AQUA. The app’s user-friendly design and comprehensive features make it a promising platform to facilitate widespread cryptocurrency adoption globally.