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IndustryUpdate
PARTNERSHIPS ACQUISITIONS
BitMart integrates with AEON payment network Venzee acquires of DCP's Jasper SaaS platform
BitMart integrated the AEON payment network to Venzee Technologies completed its acquisition of Digital
expand its Web3 QR code payment capabilities and Commerce Payments’ Jasper SaaS Product Information
enable real-world crypto spending. Through the BitMart Management business, a platform that helps ecommerce
app, eligible users can now make everyday payments merchants manage and synchronize product data. The
using cryptocurrencies such as USDT and USDC by transaction closed Dec. 31, 2025, for CAD$2.85 million,
scanning locally adopted QR codes, including VietQR, paid through the issuance of 30 million Venzee shares.
QR Ph and Pix, BitMart stated.
As part of the deal, Venzee also completed a major debt
Powered by AEON’s cross-chain payment infrastruc- settlement, converting outstanding debt into equity, and
ture, the Scan & Pay feature offers faster transaction raised approximately CAD$1 million through a private
confirmation, improved stability and reduced latency, placement, with plans for additional financing. The
the company added. The service is available in select company said the acquisition strengthens its ecommerce
markets including Vietnam, the Philippines and Brazil, software focus and announced plans to change its name
with plans for broader regional expansion as compliance to JasperX Technologies Inc. in 2026.
and business conditions allow.
Flutterwave gains Mono
MMA.INC, WLF building Web3 ecosystem
Flutterwave acquired open banking firm Mono, an open
Mixed Martial Arts Group Ltd. signed a strategic memo- banking infrastructure provider, to strengthen its pay-
randum of understanding with decentralized finance ments ecosystem and advance interoperable, bank-based
platform World Liberty Financial to build and scale a payment methods across Africa. Mono will continue
Web3 ecosystem for combat sports. The partnership will operating independently while aligning strategically
support the design and issuance of an MMA.INC utility with Flutterwave. The acquisition reflects a shift away
token and integrate WLFI’s USD1 stablecoin as the foun- from card rails toward authenticated account-to-account
dation of its on-chain economy. payments, improved identity verification, and data-
driven financial services.
The collaboration covers token architecture, governance,
treasury operations, platform integration and go-to- By integrating Mono’s APIs, Flutterwave aims to sup-
market strategy, the partners stated. WLF will also join port faster onboarding, reduced fraud, and expanded
MMA.INC’s advisory board. The companies aim to cre- alternative payment methods, with potential future sta-
ate a large-scale blockchain ecosystem focused on real blecoin use cases. Executives from both companies said
utility, participation and engagement for fighters, gyms, the deal positions open banking as a foundational layer
coaches and fans worldwide. for Africa’s next phase of fintech growth, emphasizing
security, compliance, and local relevance.
Klarna, Coinbase team up on
stablecoin-based funding Nabis acquires assets of
Humble Cannabis Solutions
Klarna partnered with Coinbase to add stablecoin-based
funding to its existing mix of consumer deposits, loans Licensed cannabis wholesale platform Nabis acquired
and commercial paper. The digital bank plans to raise select assets of Humble Cannabis Solutions, a longtime
short-term funding denominated in USDC from institu- California distributor, following the federal move to
tional investors using Coinbase’s crypto infrastructure, reschedule cannabis from Schedule I to Schedule III.
giving Klarna access to USD-like liquidity and a new The deal expands Nabis’ distribution footprint across
investor base. Klarna said the initiative marks an early Northern California, the Central Coast and Southern
step in diversifying funding sources beyond traditional California, strengthening supply chain connectivity in
markets. the nation’s largest cannabis market.
The stablecoin funding effort is separate from Klarna’s The transaction adds about $13 million in assets and
consumer- and merchant-facing crypto plans, which are approximately $20 million in gross sales, including capi-
expected to continue developing in 2026. The company tal investment and financing to support growth. Nabis
emphasized that the initiative remains in development said the acquisition enhances its technology-enabled
and subject to regulatory and market risks. infrastructure, giving brands and retailers greater scal-
ability, operational reliability and access to data-driven
tools as national demand grows.
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