Rhuna Secures $2 Million to Boost Stablecoin Payments in Entertainment
Rhuna Secures $2 Million to Expand Stablecoin Payments in Entertainment
- Rhuna, a Romania-based infrastructure platform, raised $2 million in seed funding led by Aptos Labs.
- The funding aims to enhance Rhuna's on-chain payments, access, identity, and rewards infrastructure for the entertainment industry.
- Investors include Acc Ventures, X Ventures, NewTribe Capital, Keyrock, CoinarketCap Labs, FunFair, and Lémanique.
- Rhuna provides event organizers with tools for wallet-native checkout, POS, ticketing, access control, and real-time stablecoin settlement.
- The funds will strengthen payment and settlement systems, expand organizer tools, and launch a consumer app for seamless user experience.
- Rhuna has supported over 2 million users and processed over $90 million across its pilot deployments.
- The platform powered more than 165 events, including major festivals like UNTOLD and Neversea in Romania.
- Rhuna is expanding globally, supporting Dubai's first mega festival, UNTOLD Dubai, slated for early November.
