Singapore, Singapore, August 20th, 2024,
Chainwire
PEXX, an innovative fintech startup specialising in
stablecoin cross-border payments, is excited to announce the
acquisition of Singapore-based blockchain media platform, Chain Debrief for an undisclosed amount, following its
successful raise of $4.5 million led by TNB
Aura and ANTLER. This strategic move
aligns with PEXX’s commitment to expanding its footprint and
fostering deeper engagement within the global blockchain
community.
"The acquisition of Chain Debrief represents a
significant milestone in PEXX's journey to revolutionise the global
financial landscape. By integrating Chain Debrief's rich content
and community insights, we are not only enhancing our platform but
also empowering 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 engagement 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
library of content including articles, tutorials, and expert
analyses directly into the PEXX user experience. This will provide
users with easy access to the latest information on blockchain
technology, cryptocurrencies, and regulatory developments to aid
them in making informed decisions.
Additionally, 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 crypto
education, PEXX will provide users with the resources needed to
navigate the rapidly evolving world of cryptocurrency. This move
also supports PEXX’s broader vision of encouraging crypto
investment and adoption across the region.
"We've always been passionate about educating and
empowering our community with the latest in blockchain and crypto.
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 broader
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 in providing fast and affordable cross-border
payment transfers, while also contributing to the wider blockchain
ecosystem through education and thought leadership.
About PEXX
PEXX is a pioneering
stablecoin cross-border payment platform that simplifies global
money transfers. By offering secure, fast, and cost-effective
solutions, PEXX enables users and businesses to off-ramp
stablecoins like USDT and USDC to fiat in 16 currencies directly
into bank accounts. PEXX's innovative platform bridges the gap
between traditional finance and the world of cryptocurrencies,
making global money transfers seamless and efficient.
Users can stay connected with PEXX:
https://linktr.ee/pexxme
Contact
PEXX Marketing
PEXX
Technology Pty
Ltd
marketing@pexx.com