# xDai Stable Chain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xdai-stable-chain

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.poa.network/xdai
- Total disclosed funding: $0.5M
- Latest round: Seed (Aug 16, 2019)
- Investors on record: 3

## About

xDai Stable Chain is a blockchain platform that enables fast, low-cost transactions using a stablecoin. It focuses on providing decentralized solutions tailored for various applications, enhancing transaction efficiency and user experience.Founded in 2018 and headquartered in Singapore, xDai Stable Chain is designed to facilitate low-cost and efficient transactions on the blockchain. In August 2019, the company raised USD 0.5 million in Seed funding, led by B-Tech, with additional investments from Bixin Capital and NGC Ventures. The company has conducted one deal to date, reflecting its focused approach to funding and development.xDai Stable Chain offers a blockchain solution that supports stablecoin transactions, enabling users to perform fast and affordable transactions. The platform is designed for various decentralized applications (dApps), providing enhanced usability for developers and end-users. Its services primarily cater to businesses and developers seeking reliable and efficient blockchain transactions.xDai Stable Chain generates revenue through its transaction services on the blockchain, leveraging the fee structure associated with stablecoin transfers. The company aims to enhance its service offerings and expand its user base, ensuring sustained operational income as more businesses adopt blockchain solutions.The recent Seed funding of USD 0.5 million raised in August 2019 will be utilized to enhance the xDai platform and expand its reach. The company is focusing on developing new products aimed at improving transaction functionalities and user interfaces. Additionally, xDai plans to explore expansion into new geographic markets, specifically targeting regions in North America and Europe by 2022, to diversify its user base and increase adoption of its blockchain solutions.

## Funding rounds

- Seed, Aug 16, 2019, $0.5M — Bixin Capital, NGC Ventures, B-Tech

## Investors

- Bixin Capital — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- B-Tech — Seed