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

GateNews

Exchange Risk Regulation & Policy

2026-05-13 09:45:57

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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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