As we move into the second half of 2025, we’re proud to share a major update on Send’s financial position, product roadmap, and ongoing commitment to $SEND token holders.
A Stronger Financial Position, Thanks to the Canton Network
The first half of the year wasn’t without its challenges. Like many early-stage projects, we faced the task of funding operations by dipping into our own liquidity. But thanks to our validator participation on the Canton Network, we’ve been able to significantly strengthen our financial standing without compromising the long-term integrity of our ecosystem.
Here’s what we’ve done:
✅ Repurchased $50,000 worth of $SEND tokens across two buybacks (25,000 x 25,000).
💧 Injected $100,000 in additional liquidity to improve token stability and access.
💰 Treasury now stands at 240,000 USDC, with an additional $300,000 in protocol-owned liquidity deployed in the USDC Aerodrome pool.
These moves aren’t just financial maneuvers; they’re signals of confidence. We remain committed to creating sustainable value and utility for $SEND holders.
Lean Operations, Real Results
Since inception, we’ve raised just $350,000 in capital. In an industry where capital is often spent faster than it’s earned, our team has optimized for efficiency, execution, and creativity. From engineering to design to product development, every milestone has been the result of focused effort, not excessive funding.
We are, proudly, one of the leanest teams in the space, and we’ve built more with less than most projects with 10x our resources.
What’s Launching Next
Next month, we’ll launch three new products that will elevate how users interact with stablecoins and the growing Canton ecosystem:
📱 Send iOS App
📱 Send Android App
🛡 Canton Wallet by /send
These launches represent more than feature releases; they are stepping stones toward a fully integrated, non-custodial financial ecosystem where stablecoins can be sent, saved, invested, and spent with true ownership and privacy.
