Singapore, Singapore, August 20, 2024, Chainwire
PEXX, an pioneering fintech startup specializing in cross-border stablecoin payments, is excited 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 commitment to expanding its reach and fostering deeper engagement with the global blockchain community.
“The acquisition of Chain Debrief marks 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 equipping 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 in the blockchain ecosystem in Southeast Asia, while remaining true to our mission to make cross-border payments fast, affordable, and accessible to all.” — Marcus Lim, CEO of PEXX
With this acquisition, PEXX plans to enhance its platform by integrating Chain Debrief’s extensive content library, including articles, tutorials, and expert analysis, directly into the PEXX user experience. This will provide users with basic access to the latest information on blockchain technology, cryptocurrencies, and regulatory developments to facilitate them make informed decisions.
Additionally, the acquisition of Chain Debrief serves as an essential channel for PEXX to strengthen its community, particularly in Southeast Asia. By continuing Chain Debrief’s mission of cryptocurrency education, PEXX will provide users with the resources they need to navigate the rapidly evolving world of cryptocurrencies. The 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 our community with the latest in blockchain and cryptocurrency. Now, with PEXX’s innovative approach to cross-border payments and their commitment to expanding access to financial services, we have the opportunity to share our content and insights with an even wider audience.” — Jacky Yap, Founder of Chain Debrief
As PEXX continues to grow and expand its offerings, the acquisition of Chain Debrief marks a significant milestone in its journey. The company remains committed to its mission of providing quick and affordable cross-border payment transfers, while also contributing to the broader blockchain ecosystem through education and thought leadership.
About PEXX
PEXX is a pioneering cross-border stablecoin payment platform that simplifies global money transfers. Offering secure, quick, and cost-effective solutions, PEXX enables users and businesses to transition from stablecoins like USDT and USDC to fiat currencies in 16 currencies directly to their bank accounts. PEXX’s pioneering platform connects customary finance with the world of cryptocurrencies, making global money transfers seamless and proficient.
Users can stay connected with PEXX: https://linktr.ee/pexxme
ContactPEXX MarketingPEXX Technology Pty Ltdmarketing@pexx.com
