Singapore, Singapore, August 20, 2024, Chainwire
PEXX, an innovative fintech startup specializing in cross-border stablecoin payments, is pleased to announce the acquisition of Singapore-based blockchain media platform Chain Debrief for an undisclosed amount, following its successful $4.5 million fundraise led by TNB Aura and ANTLER. This strategic move aligns with PEXX’s commitment to expanding its presence and fostering deeper engagement within the global blockchain community.
“The acquisition of Chain Debrief represents a significant milestone in PEXX’s journey to revolutionize the global financial landscape. By integrating the rich content and insights of the Chain Debrief community, we are not only enhancing our platform, but also providing our users with the knowledge and tools they need to navigate the complex world of blockchain and cryptocurrency. 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 of making cross-border payments fast, affordable, and accessible to all.” — Marcus Lim, CEO of PEXX
Through 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 give users easy access to the latest information on blockchain technology, cryptocurrencies, and regulatory developments to help them make informed decisions.
Furthermore, the acquisition of Chain Debrief serves as a vital channel for PEXX to enhance its community, particularly in Southeast Asia. By continuing Chain Debrief’s mission of cryptocurrency education, PEXX will provide users with the resources needed to navigate the rapidly evolving world of cryptocurrencies. This move also supports PEXX’s broader vision of fostering cryptocurrency investment and adoption across the region.
“We have always been passionate about educating and empowering our community with the latest in blockchain and cryptocurrencies. Now, with PEXX's innovative approach to cross-border payments and their commitment to expanding financial access, we have the opportunity to bring our content and insights to an even wider audience.” — Jacky Yap, Founder of Chain Debrief
As PEXX continues to grow and expand its offering, the acquisition of Chain Debrief represents a significant milestone in its journey. The company remains committed to its mission of providing fast and affordable cross-border payment transfers, while contributing to the broader blockchain ecosystem through education and thought leadership.
About PEXX
PEXX is a pioneering cross-border stablecoin payments platform that simplifies international money transfers. By offering secure, fast, and cost-effective solutions, PEXX enables users and businesses to convert stablecoins like USDT and USDC into fiat currencies in 16 currencies directly in bank accounts. PEXX’s innovative platform bridges the gap between traditional finance and the world of cryptocurrencies, making international money transfers seamless and efficient.
Users can stay connected with PEXX:
ContactPEXX MarketingPEXX Technology Pty Ltd[email protected]
This article was originally published on Chainwire
