SpacePay is building a crypto-to-fiat payment infrastructure designed to integrate directly with retailers’ current Android point-of-sale devices, eliminating the need for new hardware. Its platform supports more than 325 crypto wallets, automatically converts payments to fiat, and charges merchants a flat 0.5 % transaction fee to reduce volatility risk. In November 2025 the company launched a public testnet on the Base Sepolia and Ethereum Sepolia networks, featuring a cross-chain payment widget and laying the groundwork for full fiat-settlement tools ahead of mainnet release. The native $SPY token underpins governance, granting holders monthly voting rights on product features, partnerships, and token policies. $SPY holders also receive a pro-rata share of the 0.5 % transaction fees, plus loyalty airdrops and quarterly educational webinars that foster community engagement. To date, SpacePay has secured $1.4 million to advance development of its payment rails and token-based incentive model.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2025