PEXX Announces Strategic Acquisition of Chain Debrief

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August 19, 2024

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Chainwire

Printed: August 19, 2024 at 9:07 pm Up to date: August 19, 2024 at 9:07 pm

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 elevate 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 inside the international blockchain group.

“The acquisition of Chain Debrief represents a major milestone in PEXX’s journey to revolutionise the worldwide monetary panorama. By integrating Chain Debrief’s wealthy content material and group insights, we’re not solely enhancing our platform but additionally empowering our customers with the data and instruments they should navigate the complicated world of blockchain and cryptocurrencies. This strategic transfer underscores our dedication to increasing our affect and fostering better engagement inside 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 this acquisition, PEXX plans to complement its platform by integrating Chain Debrief’s in depth library of content material together with articles, tutorials, and knowledgeable analyses immediately into the PEXX consumer expertise. It will present customers with quick access to the newest data on blockchain know-how, cryptocurrencies, and regulatory developments to help them in making knowledgeable selections.

Moreover, the acquisition of Chain Debrief serves as an important channel for PEXX to boost its group, notably 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’ve all the time been captivated with educating and empowering our group 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’ve got the chance to convey our content material and insights to an excellent broader viewers. ” — Jacky Yap , Founding father of Chain Debrief

As PEXX continues to develop and broaden its choices, the acquisition of Chain Debrief represents a major 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 by 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 immediately 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: https://linktr.ee/pexxme

Contact

PEXX AdvertisingPEXX Know-how Pty Ltd[email protected]

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