Strategic The financing tour was led by Haun Ventures because the company seeks to revolutionize consumer engagement and stimulate innovation in the gift card industry of several billion dollars
Miami,, February 26, 2025 / Prnewswire / – Ruge, a world market leader in gifts and the pioneer of payments and loyalty powered by blockchain, announced today the successful fence of a $ 63 million Financing round. Directed by Haun Ventures, La Ronde included the participation of Amber Group, Anagram, Blackpine, Borderless Capital, GSR, Karatage, Paper Ventures, Pharsalus Capital, Selini Capital, Sonic Boom Ventures, the Web3 Foundation and the notable angels Tekin SalimiRaj Gokal, Plush gorisse among others. This last round provides total funding for the increase $ 220 millionBased on previous investments in Accel, Paypal and New Enterprise Associates (NEA).
“The increase has redefined how consumers interact and appreciate the gift cards – it is loyalty and from the portfolio, not only to give gifts”, “ said George BousisFounder and CEO of raisier. “For more than a decade, we have invested tens of millions of dollars to provide gift cards and channel loyalty programs. Now we are doing a ningure Commitment in the coming years to fully achieve this vision. Having been involved in the blockchain and crypto Since its inception, we have waited for the right regulatory framework and technological maturity to support a fully reconfigured chain gift card industry. This moment is now – the barriers that used to exist are no longer obstacles. “”
Raise Will Use the Funding to Further Development Proprietary Blockchain-Backed Gift Card Program, Smart Cards, and Expand The Retail Alliance Foundation, Its Non-Profit Coalition Dedicated To Uning Global Retailers and Brands to Create A More Secure, Interoperable, and fraud– Resistant gift cards network. Raisie has evaluated the alliance and the rekindling blockchain network with its intellectual property in partnership with BFG Labs, a subsidiary in exclusive property of Auge Holdings Ltd. programmable Retail currency which strengthens confidence and promotes a deeper commitment between brands and their customers.
Diogo MonicaGeneral partner of Haun Ventures, commented, “The increase is to grasp a massive and obsolete market with the right mixture of experience, infrastructure and blockchain expertise. With deep industry links and a real adoption plan, it is not only a bet on the future of gift cards – it is an investment in a proven team that solves a billion dollars.”
The initiatives of the Blockchain d’Alement began earlier this year with the upcoming integration of Dot Wallet thanks to a partnership with the Pea Community Foundation, allowing transparent transactions in their request. In addition, Rise in partnership with WalletConnect to integrate the Raisier application with the main digital wallets such as JammingMetamask, Phantom, Trust and other leading ecosystems, which will be announced soon. The Ascension quickly expands its B2B partnerships, engaging with the main financial institutions and loyalty programs, including Citi Bank and Bilt Rewards.
In addition to the financing round, Rise also announced the appointment of a new board of directors featuring the former CLO in Kraken and the former president of Blockchain.com, Marco Santoriformer co-founder and CEO of Honey, George Ruanformer founder and CEO of Grubhub, Matt MaloneyAnd Bjorn WagnerCEO of Parity Technologies. With their expertise and support, Raish is well positioned to execute its mission to redefine the future of gift cards and stimulate innovation in consumer loyalty.
With world sales that should exceed 2.3 dollars By 2030, gift cards have evolved beyond simple transactional tools to become an integral component of the modern retail ecosystem. Since its foundation, Raising has facilitated $ 5 billion In transactions for its nearly 7 million users and more than 1,000 retail partnerships, constantly stimulates innovation in industry. The introduction of gift cards fueled by the blockchain marks the culmination of more than a decade of work to reshape the value, use and confidence of gift cards.
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About the increase
Raisie, a renowned pioneer in the gift card industry, has been at the forefront of innovation since its creation in 2013. The company has facilitated $ 5 billion In transactions via its Consumer, Exchange application (GCX) and B2B operations (increase for the company). With more than 1,000 brand partnerships, Raish offers actual activation and buyout capacities on a network of more than a million stores, websites and applications. For more information, please visit .
About the Retail Alliance Foundation
Retail Alliance Foundation is a non -profit coalition committed to revolutionizing the global loyalty economy. The Retail Alliance Foundation strives to create a secure, innovative and inclusive gift card ecosystem by promoting transparency, progression technology and industry stakeholders. Guided by industry leaders, we provide funding and essential resources to initiatives that empower stakeholders and guaranteed long-term sustainability of the global gift cards industry. Thanks to collaboration and governance focused on the community, we establish new loyalty standards while promoting happiness and confidence.
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