Singapore, Singapore, August 20, 2024, Chainwire
PEXX, an innovative fintech startup specializing in stablecoin cross-border payments, is pleased to announce the acquisition of Singapore-based blockchain media platform Chain Debrief for an undisclosed amount, following a successful $4.5 million fundraising led by TNB Aura and ANTLER. This strategic move is in line with PEXX’s efforts to expand its footprint and drive deeper engagement within the global blockchain community.
“The acquisition of Chain Debrief is a significant milestone for PEXX in its journey to transform the global financial landscape. By integrating Chain Debrief’s rich content and community insights, we will not only enhance our platform, but also provide our users with the knowledge and tools they need to navigate the complex world of blockchain and cryptocurrencies. This strategic move underscores our commitment to expanding our influence and fostering greater participation within the Southeast Asian blockchain ecosystem, while staying true to our mission to make cross-border payments fast, affordable, and accessible to everyone.” — Marcus Lim, PEXX CEO
With this acquisition, PEXX plans to enrich its platform by integrating Chain Debrief’s extensive content library, including articles, tutorials, and expert analysis, directly into the PEXX user experience. This will allow users to easily access the latest information on blockchain technology, cryptocurrencies, and regulatory developments, helping them make informed decisions.
The acquisition of Chain Debrief also serves as a vital channel for PEXX to strengthen its community, particularly in Southeast Asia. Continuing Chain Debrief’s mission of cryptocurrency education, PEXX will provide users with the resources they need to navigate the rapidly evolving cryptocurrency world. This move also supports PEXX’s broader vision of encouraging cryptocurrency investment and adoption across the region.
“We have always been passionate about educating and empowering the community with the latest in blockchain and cryptocurrencies. Now, with PEXX’s innovative approach to cross-border payments and commitment to expanding financial accessibility, we have the opportunity to bring our content and insights to a much wider audience.” — Jacky Yap, Founder of Chain Debrief
As PEXX continues to grow and expand its offerings, the acquisition of Chain Debrief represents a significant milestone in its journey. The company remains committed to its mission of providing fast, low-cost cross-border payment transfers, while contributing to the broader blockchain ecosystem through education and thought leadership.
About PEXX
PEXX is a pioneering stablecoin cross-border payments platform that simplifies global remittances. PEXX provides a secure, fast, and cost-effective solution that allows users and businesses to offramp stablecoins like USDT and USDC directly into their bank accounts in 16 fiat currencies. PEXX’s innovative platform bridges the gap between traditional finance and the cryptocurrency world, making global remittances seamless and efficient.
Users can stay connected with PEXX: https://linktr.ee/pexxme
Contact
PEXX Marketing
PEXX Technology Limited
(email protected)
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