PANews reported on October 23rd that Moon Inc. (HKEX: 1723), a Hong Kong-listed company, announced the completion of a funding round of approximately HK$65.5 million (approximately US$8.8 million). This round of financing was supported by several Bitcoin mining companies and investors through new shares and convertible bonds. Moon Inc. plans to use the funds for pan-Asian expansion, initially in Thailand and South Korea, and to launch a prepaid card product supporting Bitcoin transactions. The company combines telecom prepaid card distribution channels with blockchain technology, allowing users to purchase, store, and transfer Bitcoin without complex wallet setup. Moon Inc. was previously controlled by Sora Ventures and UTXO Management and was named one of Hong Kong's "Top 10 Innovative Companies" by Capital Magazine.
Moon completes $8.8 million in funding, becoming the first Hong Kong-listed company to issue a Bitcoin prepaid card globally
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