AUDC Raises $5m at A$0.80 per Share, Valuing Novatti’s Stake at $16m
Novatti Group’s investment in AUDC Pty Ltd, issuer of the AUDD stablecoin, has nearly doubled in value following a $5 million Pre-Series A funding round led by a major global institutional investor.
- AUDC raises $5 million at A$0.80 per share in Pre-Series A round
- Novatti retains 45% stake in AUDC, now valued at $16 million
- AUDC has raised over A$8 million at increasing valuations
- AUDD stablecoin achieves $1 billion in Stellar blockchain transactions
- Strategic partnerships with Coinbase and recognition at industry awards
Novatti’s Growing Stake in AUDC
Novatti Group Limited (ASX – NOV) has announced a significant uplift in the valuation of its investment in AUDC Pty Ltd, the issuer of the AUDD stablecoin. Following a successful Pre-Series A capital raise of $5 million at A$0.80 per share, Novatti’s 20 million shares in AUDC are now valued at approximately $16 million, more than doubling from the $7 million valuation after AUDC’s Seed Round.
Strategic Capital Raise and Institutional Confidence
The Pre-Series A round attracted a large global institutional lead investor, inWelt Holdings AG, alongside other strategic participants, underscoring strong market confidence in AUDC’s governance and regulatory compliance. This funding milestone positions AUDC well ahead of its planned Series A round, signaling robust investor appetite for regulated digital finance ventures in Australia.
AUDD’s Market Traction and Industry Recognition
AUDD, Australia’s leading AUD-backed stablecoin, has marked several key milestones that reinforce its market position. It has processed over $1 billion in transactions on the Stellar blockchain alone and became the first Australian Dollar stablecoin available on Coinbase. Additionally, AUDC has secured a strategic partnership with Coinbase and was recently named Start-Up / Scale-Up of the Year at the Blockies awards hosted by the Digital Economy Council of Australia.
Novatti’s Strategic Positioning
Novatti CEO Mark Healy highlighted the value created through incubating AUDC and the ongoing exposure to AUDD’s growth potential. Maintaining a near 45% stake allows Novatti to benefit directly from the stablecoin’s increasing adoption and use, while the involvement of high-calibre investors further validates AUDC’s regulatory and market credentials.
Looking Ahead
While the announcement does not detail the timing or size of the upcoming Series A round, the momentum behind AUDC and Novatti’s strengthened position suggest a promising trajectory. Investors will be watching closely for further developments in AUDD’s adoption, regulatory landscape shifts, and Novatti’s financial disclosures reflecting this growing asset value.
Bottom Line?
Novatti’s enhanced stake in AUDC signals growing confidence in regulated stablecoins amid evolving digital finance markets.
Questions in the middle?
- What are the expected timelines and targets for AUDC’s upcoming Series A round?
- How might regulatory changes in Australia impact AUDD’s growth and Novatti’s investment?
- What strategic initiatives will Novatti pursue to leverage its increased exposure to AUDC?
