Singapore, Singapore, August twentieth, 2024, Chainwire
PEXX, an progressive fintech startup specialising in stablecoin cross-border funds, is happy to announce the acquisition of Singapore-based blockchain media platform, Chain Debrief for an undisclosed quantity, following its profitable increase of $4.5 million led by TNB Aura and ANTLER. This strategic transfer aligns with PEXX’s dedication to increasing its footprint and fostering deeper engagement throughout the international blockchain neighborhood.
“The acquisition of Chain Debrief represents a big milestone in PEXX’s journey to revolutionise the worldwide monetary panorama. By integrating Chain Debrief’s wealthy content material and neighborhood insights, we aren’t solely enhancing our platform but in addition empowering our customers with the information and instruments they should navigate the advanced world of blockchain and cryptocurrencies. This strategic transfer underscores our dedication to increasing our affect and fostering higher engagement throughout the Southeast Asian blockchain ecosystem whereas staying true to our mission of creating cross-border funds quick, reasonably priced, and accessible to all.” — Marcus Lim, CEO of PEXX
By means of this acquisition, PEXX plans to complement its platform by integrating Chain Debrief’s intensive library of content material together with articles, tutorials, and skilled analyses straight into the PEXX consumer expertise. This can present customers with easy accessibility to the newest info on blockchain expertise, cryptocurrencies, and regulatory developments to help them in making knowledgeable choices.
Moreover, the acquisition of Chain Debrief serves as a significant channel for PEXX to reinforce its neighborhood, significantly in Southeast Asia. By persevering with Chain Debrief’s mission of crypto training, PEXX will present customers with the assets wanted to navigate the quickly evolving world of cryptocurrency. This transfer additionally helps PEXX’s broader imaginative and prescient of encouraging crypto funding and adoption throughout the area.
“We have at all times been enthusiastic about educating and empowering our neighborhood with the newest in blockchain and crypto. Now, with PEXX’s progressive method to cross-border funds and their dedication to increasing monetary entry, we have now the chance to carry our content material and insights to an excellent broader viewers. ” — Jacky Yap, Founding father of Chain Debrief
As PEXX continues to develop and increase its choices, the acquisition of Chain Debrief represents a big milestone in its journey. The corporate stays dedicated to its mission in offering quick and reasonably priced cross-border cost transfers, whereas additionally contributing to the broader blockchain ecosystem via training and thought management.
About PEXX
PEXX is a pioneering stablecoin cross-border cost platform that simplifies international cash transfers. By providing safe, quick, and cost-effective options, PEXX allows customers and companies to off-ramp stablecoins like USDT and USDC to fiat in 16 currencies straight into financial institution accounts. PEXX’s progressive platform bridges the hole between conventional finance and the world of cryptocurrencies, making international cash transfers seamless and environment friendly.
Customers can keep linked with PEXX right here.
PEXX Advertising and marketing
PEXX Expertise Pty Ltd
[email protected]
