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Funding·Crypto

AllScale Raises $1.5M to Deliver Compliant Stablecoin Solutions for Global SMBs

Harshajit Sarmah
Harshajit Sarmah·Jul 1, 2025·2 min read
AllScale $1.5M pre-seed raise for stablecoin solutions for SMBs, backed by DraperDragon and KuCoin Ventures

AllScale, a Hong Kong-based fintech startup focused on stablecoin solutions, has raised $1.5 million in a pre-seed funding round to streamline stablecoin adoption for small and medium-sized businesses (SMBs).

The round saw participation from DraperDragon, Amber Group, Y2Z Capital, KuCoin Ventures, Oak Grove Ventures, Blockbooster, and Movemaker, with support from the Hong Kong Cyberport Incubation Program. The funding will accelerate product development and market expansion as AllScale builds tools for invoicing, payroll, and social commerce using stablecoins.

With stablecoin ecosystems maturing rapidly—spurred by developments in issuance, payment rails, AML compliance, and fiat on/off ramps—AllScale aims to simplify adoption for traditional businesses still grappling with complexity and risk. It's one-stop platform is built to help enterprises bypass technical hurdles while remaining compliant with evolving regulations.

“Stablecoins are no longer a niche technology—they’re the foundation for the next wave of global commerce,” said Shawn Pang, co-founder of AllScale. “We’re thrilled to help businesses of all sizes unlock stablecoin benefits with compliance, security, and simplicity at the forefront.”

The timing is strategic. In June 2025, the U.S. Senate passed the GENIUS Act, a major step toward regulatory clarity, while Hong Kong’s Stablecoin Ordinance is expected to go live in August. These developments are fueling stablecoin adoption as a legitimate channel for global business payments.

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AllScale’s platform includes:

The company’s founding team brings experience from Kraken, Block, OKX, TikTok, and CapitalOne, uniting legal, compliance, and product expertise to tackle stablecoin adoption at the last mile.

As regulatory frameworks evolve and demand for cross-border, instant payments grows, AllScale positions itself as a bridge between traditional enterprises and the programmable money economy.


Edited by Harshajit Sarmah

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