Solana credit card project Moto completes $1.8 million funding, Eterna and cyber•Fund lead the investment

2025-12-17 14:22:11

【CoinPush】The Solana ecosystem welcomes new developments. The on-chain payment-focused Moto project recently announced that it has successfully raised $1.8 million in a Pre-Seed round. This funding was led jointly by Eterna Capital and cyber•Fund, with several other angel investors in the crypto space also backing the project.

Moto’s positioning is very clear—creating a native credit card solution for Solana users, enabling on-chain assets to directly connect with everyday spending scenarios. The project has already launched a waitlist, and interested users can sign up in advance. The funding team also includes well-known partners like Privy and Crossmint, which provides solid technical support for Moto’s on-chain identity verification and cross-chain capabilities.

As a high-speed blockchain, Solana has been continuously exploring the payments sector. Innovative projects like Moto are expected to further improve the ecosystem, bringing crypto assets closer to everyday use.

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fren_with_benefits

· 12-19 18:16

SOL ecosystem is launching something new again, but as for on-chain payments... can it really be implemented? It just sounds good in theory. Having money alone isn't enough; the key is user experience, otherwise it will just be another forgotten project. 1.8 million in funding doesn't seem particularly large? Compared to those big players, this path still has a long way to go. Privy and Crossmint support are indeed reliable, but can this card really be used... It's another pre-seed round. Wake up, everyone, it's still early.

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VitaliksTwin

· 12-19 04:55

Here are some distinctive style comments for this article: --- Another Solana ecosystem funding round, are they really competing in payments now? --- Privy+Crossmint support, it actually looks promising --- On-chain credit card? Probably just another PPT project, how many actual users will there be? --- 1.8 million funding for payments, that’s a pretty small scale --- I just want to know if Moto’s card can actually be used, or if it’s just the usual talk --- Solana’s payment ecosystem adds another piece to the puzzle, quite interesting

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DeFiDoctor

· 12-17 14:53

The consultation record shows that another payment dream is starting to heat up... How long can $1.8 million last?

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SelfCustodyIssues

· 12-17 14:53

Solana ecosystem keeps doing payments and more payments, it feels like there's a new project every month... However, the idea of directly connecting on-chain assets to daily consumption with Moto is indeed quite practical.

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DeFiCaffeinator

· 12-17 14:39

Oh no, another Solana credit card? It feels like this track is almost saturated... But having Eterna and cyber•Fund lead the investment is okay; these two still have vision. I just wonder if the Moto card can truly solve the spending problem, as most previous on-chain card solutions were more about hype... Wait, Privy and Crossmint have both joined? Their tech stacks are quite solid, and identity verification definitely needs to be reliable. I'm a bit tempted to try it out, but I guess I’ll wait until it’s officially launched. Honestly, the Web3 payment dream is still a long way off.

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SilentAlpha

· 12-17 14:34

On-chain credit cards... there are really people seriously working on this, starting from 1.8 million dollars is not small. With such a crowded track, how can Moto stand out? It depends on how they connect with offline channels later. Privy + Crossmint is a good combo, but on-chain payments are really a tough road to walk. Sol ecosystem funding keeps coming in; more money is more money, but I'm just worried it might turn out to be a project that sounds great but has few users. Even the waiting list is competitive; this buzz is definitely there.

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