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Crypto Company for Sale in Seville, Spain

For Sale: Multi-chain fiat-backed stablecoin with over 200 registered users.

Established 1-5 year(s)
Employees < 2
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales USD 1.2 thousand
EBITDA Margin 10 %
Industries Crypto
Locations  Seville
Local Time 7:34 AM Europe / Madrid
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 200 thousand (Native Currency: USD 200,000)
Reason: We want to start a new technology business with less compliance involved. We will use the funds as s... View More
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Business Name
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Business Overview
- More than 200 registered users in the dashboard.
- Average stablecoin volume of $70K every 5 days.
- Strong discord community of more than 200 people.
- Commission-based business model with several income sources.
- Very low fixed costs (<$400/month).
- $11k+ in stablecoin cash reserves.
Products & Services Overview
- Fiat-backed stablecoin in the Cardano ecosystem and our own ecosystem.
- Dashboard to issue/redeem the stablecoin independently in several networks using several payment methods. Includes KYC verification and compliance checks as well as accounting ledger for users accounts.
- Complete functional network with smart contract support powered by the stablecoin and running without issues since deployment (10 months ago). It allows people to use crypto directly with US dollars.
- Bridge that communicates our network with the Cardano network and is extensible to others.
Assets Overview
C Corp company in charge of developing the technology and LLC subsidiary properly registered with FinCEN for money service business activities.
There are no physical assets, just software.
Facilities Overview
The business is being run exclusively online.
Capitalization Overview
- The company is fully funded by the founders, and has zero debt.
- The stablecoin cash reserves are part of the business liabilities since they belong to the users.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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