Regulation & Policy
Share
ShowPay a blockchain enterprise from the Bitcoin SV (BSV) ecosystem in China announced the completion of an angel round of funding. This round of investment is led by Jinghe Investment, a subsidiary of China Lantian Corporation, with another VC participating. The funds will be mainly used for: 1) strengthening the basic research and development of the global distributed ID "MetaID" based on BSV; 2) establishing a non-profit fund to promote the adoption of MetaID; 3) expanding the team.
ShowPay is a blockchain company established in 2019 with the main development team in Guangzhou China. It is a blockchain company focusing on the underlying technology of BSV.
According to the investors, the chairman of Jinghe Investment Mr.Gong said, "I think the global ID based on blockchain is the most important link in the future blockchain world, and it must be the next wave of the blockchain industry, because without the global ID based on blockchain, it is impossible to usher in the large-scale popularization of blockchain applications. I am very optimistic about the MetaID being built by the ShowPay team. I believe that MetaID will become the largest global ID scheme on the blockchain in the next five years, and will become the most important infrastructure of the next generation Internet. We will continue to invest in important infrastructure blockchain projects."
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
Jinghe Investment is a company with a background related to China state-owned assets. Previous investment cases of Jinghe were mostly industrial projects, and it is the first time they've invested in blockchain field projects. It is one of the largest investments to date in Chinese BSV enterprises.




Editor's Picks

UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min

The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min

Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space

Bank of England Signals Flexibility on Stablecoin Limits
News Desk
Mar 16, 2026
3 min

Binance Wins Second U.S. Court Victory in ATA Lawsuit
News Desk
Mar 16, 2026
3 min

Kazakhstan Pushes Forward Crypto Industry Growth with Presidential Directive
Chantal Assi
Mar 13, 2026
3 min

Senate Leader Signals Clarity Act May Be Delayed Until April
Chantal Assi
Mar 13, 2026
3 min