Close Menu
binanceplan.blog
    What's Hot

    SEC could start writing crypto rules before the Senate votes on CLARITY

    July 10, 2026

    The Pace of Work Has Outrun Your Capacity. Here’s What to Do.

    July 10, 2026

    US Marshals Coinbase Prime Deal Puts Federal Crypto Custody In The Spotlight

    July 10, 2026
    Facebook X (Twitter) Instagram
    binanceplan.blog
    • Home
    • Binance
    • Cryptocurrency
      • Altcoin
      • Litecoin
      • Bitcoin
    • Crowdfunding
    • Crypto Mining
    • Ethereum
    • Fintech
    • Forex
      • Mompreneur
      • Venture Capital
    binanceplan.blog
    Home»Fintech»Novatti pockets $1.2 million from partial sale of stake in AUDC
    Fintech

    Novatti pockets $1.2 million from partial sale of stake in AUDC

    币安计划官方By 币安计划官方June 27, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Novatti pockets .2 million from partial sale of stake in AUDC
    Share
    Facebook Twitter LinkedIn Pinterest Email


    ASX-listed Novatti Group Limited, a payments leader bridging traditional payments and regulated digital finance, has entered into a binding agreement with an existing institutional AUDC Pty Ltd shareholder to sell 1,500,000 shares in AUDC for $1.2 million, representing a partial realisation of Novatti’s investment in the business while retaining a strategic stake.

    AUDC is the issuer and operator of AUDD, a leading Australian dollar-backed stablecoin designed to support digital payments, settlement, and Web3 financial infrastructure. AUDC has also announced the launch of a New Zealand dollar stablecoin, NZDC as part of its APAC infrastructure expansion.

    Novatti incubated AUDC in 2022 as part of its broader digital payments strategy alongside identifying the critical innovation of stablecoins and their future role in the digital payments economy. Initially offering startup funding, regulatory expertise, and a payments network, Novatti supported the establishment of AUDC and the development of the AUDD stablecoin ecosystem before the business became self-funded in January 2024 with its own operational capabilities, technology stack, and commercial partnerships supporting the issuance and management of AUDD.

    AUDC was granted an Australian Financial Services Licence in February 2026.

    In parallel with this growth, AUDC successfully completed various funding rounds with the latest in December 2025 being a Pre-Series A round, raising $5 million at $0.80 per share.

    The $1.2 million share sale (before costs) at $0.80 per share enables Novatti to realise a portion of the value created through the incubation of AUDC while continuing to maintain meaningful exposure to any further upside, with 18.5 million shares post-sale.

    Settlement of proceeds from the share sale is expected mid July 2026 and will be directed towards supporting the continued growth of Novatti’s Payments AU/NZ business, including expansion initiatives across acquiring and digital payments.

    Novatti CEO, Mark Healy, said, “Novatti has played a foundational role in establishing the AUDD stablecoin. As the business has matured and developed its own operational strength, this transaction allows Novatti to realise some value from our early investment while continuing to participate in its future growth.

    “Digital currencies and blockchain-based payments remain a key component of the global financial ecosystem, and we believe AUDC is well positioned to benefit from this structural shift.”

    Novatti is currently collaborating with AUDC on integrated payments technology and services beneficial to Novatti customers and AUDD users, bridging the traditional payments and digital asset ecosystems.


    Disclosure: At the time of writing, Australian FinTech Pty Ltd is a shareholder of Novatti Group Limited.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Fintech Landscape of Pakistan in 2026

    July 10, 2026

    SMART MONEY QUIZ designed for the FinTech community

    July 9, 2026

    Swift’s Blockchain Ledger Enters Pilot Phase with 17 Global Banks

    July 9, 2026

    The Netherlands and Fintech in 2026

    July 9, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    TOP POSTS

    SEC could start writing crypto rules before the Senate votes on CLARITY

    July 10, 2026

    The Pace of Work Has Outrun Your Capacity. Here’s What to Do.

    July 10, 2026

    US Marshals Coinbase Prime Deal Puts Federal Crypto Custody In The Spotlight

    July 10, 2026

    EU Parliament Passes Message-Scanning ‘Chat Control’

    July 10, 2026

    Subscribe to Updates

    Get the latest creative news from Binanceplan about Altcoin, Binance and Bitcoin.

    Please enable JavaScript in your browser to complete this form.
    Loading

    Welcome to BinancePlan.blog — your trusted source for learning, strategies, and insights in the world of cryptocurrency, with a strong focus on Binance and digital asset growth.At BinancePlan, our mission is simple: to make crypto easy, understandable, and profitable for everyone — whether you’re a complete beginner or an experienced trader.

    Top Insights

    SEC could start writing crypto rules before the Senate votes on CLARITY

    July 10, 2026

    The Pace of Work Has Outrun Your Capacity. Here’s What to Do.

    July 10, 2026

    US Marshals Coinbase Prime Deal Puts Federal Crypto Custody In The Spotlight

    July 10, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from Binanceplan about Altcoin, Binance and Bitcoin.

    Please enable JavaScript in your browser to complete this form.
    Loading
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Copyright© 2026 Binanceplan All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.