Novatti’s AUDC Valued at $7M After $1.2M Seed Round Amid Stablecoin Surge
Novatti’s majority-owned subsidiary AUDC has closed a $1.2 million Seed Round, valuing Novatti’s 57% stake at $7 million as stablecoin adoption accelerates globally and locally.
- AUDC raises $1.2 million at $0.35 per share in Seed Round
- Novatti retains 57% stake in AUDC valued at $7 million with no further capital commitment
- AUDC’s AUDD stablecoin gains traction through institutional partnerships and blockchain infrastructure
- AUDD selected for pilot use in Australia’s national payments platform Project Acacia
- Global regulatory momentum supports stablecoin market growth
Seed Round Success and Valuation Boost
Novatti Group Limited (ASX, NOV) has announced a significant milestone for its majority-owned subsidiary, AUDC Pty Ltd, which has successfully closed a Seed equity capital raising of A$1.2 million at A$0.35 per share. This latest funding round places a valuation of A$7 million on Novatti’s 57% shareholding in AUDC, with no obligation for Novatti to inject further capital. The capital raise reflects growing investor confidence in AUDC’s stablecoin business and its expanding market footprint.
Stablecoin Growth and Institutional Momentum
AUDC’s stablecoin, AUDD, is gaining momentum, driven by increasing institutional demand and robust blockchain-integrated infrastructure. The company has successfully built partnerships with key financial services players, supporting multi-chain issuance and compliance best practices. This foundation has enabled AUDC to grow circulating supply and fiat redemptions, signaling strong market adoption and trust in its digital currency offering.
Strategic Collaboration with Australia’s Payments Platform
In a notable endorsement, AUDD was selected for pilot use in “Project Acacia,” led by Australian Payments Plus (AP+), the operator of Australia’s domestic payments infrastructure. This project explores the role of digital money in wholesale tokenised asset markets, including programmable payments and interoperability with existing payment systems. AUDD’s involvement positions it at the forefront of regulated digital payments innovation within Australia’s evolving financial ecosystem.
Global Regulatory Tailwinds
The stablecoin sector is benefiting from accelerating regulatory clarity and market acceptance worldwide. In the US, the GENIUS Act signals growing support for regulated stablecoins, while Circle’s recent successful IPO on the NYSE underscores investor enthusiasm for this asset class. Europe’s MiCA framework further legitimizes stablecoins, with major financial institutions adopting them for treasury and cross-border settlement efficiencies. These global trends bolster AUDC’s prospects as a trusted, fiat-backed stablecoin provider.
Looking Ahead
Novatti’s CEO Mark Healy highlighted that the Seed Round valuation reaffirms the value created through incubating AUDC and provides exposure to its upside potential without further capital commitments. As Novatti pivots back to growth, AUDC’s progress and the broader stablecoin market dynamics will be key areas to watch, especially as digital finance continues to reshape payments and settlement landscapes.
Bottom Line?
AUDC’s Seed Round success and strategic partnerships set the stage for Novatti’s fintech resurgence amid a booming stablecoin market.
Questions in the middle?
- How will AUDC scale its stablecoin issuance amid increasing regulatory scrutiny?
- What impact will Project Acacia have on AUDD’s adoption across Australia’s payments ecosystem?
- How does Novatti plan to leverage AUDC’s growth alongside its broader turnaround strategy?
