GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar

Financing/Fundraising

News linked to both this project and an event.

Websea officially resumes withdrawals; the platform enters a full recovery phase

According to the official announcement, Websea officially resumed withdrawals on May 18 at 16:00 (UTC+8), marking the platform’s entry into a substantive and comprehensive recovery phase. This withdrawal resumption is proceeding steadily with support from strategic investors. Earlier reports indicated that the platform has reached a strategic cooperation agreement with a Middle Eastern family fund to fully support its long-term operations and development.

Websea Secures Strategic Investment from Middle Eastern Family Fund; Withdrawals to Resume Shortly, Ushering in a New Phase of Growth

According to an official announcement, the digital asset trading platform Websea has reached an investment agreement with a strategic investor and will officially resume withdrawals at 16:00 (UTC+8) on May 18, simultaneously releasing the specific withdrawal arrangements. The strategic investment is reported to come from a Middle Eastern family fund. The two parties conducted multiple rounds of in-depth discussions on core topics including the platform’s asset status, business structure optimization, recovery roadmap design, and long-term development planning, ultimately reaching a consensus on cooperation. Currently, the investor is proceeding with fund injection per the established process, while concurrently conducting legal due diligence, signing agreements, and finalizing equity arrangements.