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Websea to Resume Withdrawals on May 18 Following Middle East Family Fund Investment

GateNews
Exchange RiskRegulation & Policy

According to ChainCatcher, digital asset trading platform Websea has reached a strategic investment agreement and will resume withdrawals on May 18 at 16:00 UTC+8, with detailed withdrawal arrangements to be disclosed. The strategic investment comes from a Middle East family fund, with both parties discussing platform asset status, business optimization, and long-term development plans.

Websea committed to publishing Proof of Reserves (PoR) and conducting regular disclosures to enhance transparency. The platform will also continue optimizing its product structure and ecosystem mechanisms.

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