Southeast Asian on-chain finance platform Jia raises $3M

Jia, a financial platform for small and medium-sized enterprises (SMEs) in Southeast Asia, announced it has raised $3 million in a seed round led by Coinbase Ventures. Other participants in the round included the Stellar Development Foundation, A100x, TCG, and Hashed Emergent. Jia is developing a solution to address the funding challenges of Southeast Asian SMEs by providing on-chain capital powered by AI and blockchain. The latest investment brings Jia's total capital raised to $7.3 million. The company plans to use the funds for further development, including building out its operating system and dashboard.