AUDC closes Seed Round. Novatti interest valued at A$7m

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Stock Novatti Group Ltd (NOV.ASX)
Release Time 14 Aug 2025, 8:35 a.m.
Price Sensitive Yes
 AUDC closes Seed Round, Novatti interest valued at A$7m
Key Points
  • AUDC successfully closes Seed Round, raising A$1.2 million
  • Novatti retains 57% interest in AUDC, valued at A$7 million
  • AUDC continues to expand, driven by growth in stablecoin issuance and partnerships
Full Summary

Novatti Group Limited (ASX: NOV), a leading fintech enabling businesses to pay and be paid, is pleased to announce that its majority-owned subsidiary, AUDC Pty Ltd ('AUDC'), has successfully closed a Seed equity capital raising. The round attracted A$1.2 million in new investment, with shares issued at A$0.35 per share. AUDC has now raised over A$2 million in equity at increasing valuations. Following the round, Novatti retains a 20 million shareholding in AUDC, representing a 57% interest in AUDC, valued at A$7 million based on the Seed round pricing, with no obligation to contribute additional capital. AUDC has demonstrated continued momentum, including strong growth in circulating supply and fiat redemptions, implementation of robust blockchain-integrated infrastructure and best-practice compliance, the formation of key financial services partnerships, and increasing investor interest. In a significant validation of its potential use in the future of payments, AUDD was recently selected for two of AP+ (Australian Payments Plus) use cases in 'Project Acacia'. This collaboration with AP+, Australia's domestic payments platform operator, positions AUDD at the forefront of regulated digital payments innovation and adoption in Australia. Global regulatory and market developments, such as the GENIUS Act in the US and Circle's successful NYSE listing, reinforce the long-term opportunity for trusted, fiat-backed stablecoins like AUDD.

Outlook

The successful Seed Round places a $7 million valuation on Novatti's interest in AUDC and again highlights its growth potential at a time of increasing international interest in digital assets.