Loon Raises $3M and Acquires CADC Stablecoin

Stablecoins | Nov 3, 2025 Canada’s Stablecoin Activity Increases as Loon Builds Regulated Digital Dollar Ahead of the Federal Budget On October 27, 2025, Loon announced a CAD $3 million pre-seed round and the acquisition of the CADC stablecoin, led by Version One Ventures with participation from Garage Capital and Canadian angels. The company acquired

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