Stablecoin Card Issuer Kulipa, Which Raised a $6.2 Million Seed Round Led by 1kx Four Months Ago, Suddenly Announces ClosureParis-based stablecoin card issuer Kulipa suddenly shut down approximately four months after completing a $6.2 million seed round, rendering U cards issued through its services by around 20 wallets and crypto companies, including Ready and Solflare, unusable. Kulipa announced the funding in early April, co-led by Flourish Ventures and 1kx, with participation from White Star Capital and ...