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SpacePay was established, with its official X (formerly Twitter) account being created in October 2021.

SpacePay was recognized as the 'New Payment Platform of the Year' at the Corporate Live Wire Global Awards 2022/23.

The company successfully raised $750,000 in a private funding round from investors to support its growth and development.

SpacePay initiated the public presale for its native utility token, $SPY, allowing early supporters to invest in the project.

SpacePay announced that its payment platform supports transactions from over 325 different cryptocurrency wallets.