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 the successful raising 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 is a significant milestone in PEXX’s journey to revolutionize the global financial landscape. By integrating Chain Debrief’s rich content and community insights, 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 driving greater engagement within the blockchain ecosystem in Southeast Asia, while staying true to our mission of making cross-border payments fast, affordable and accessible to everyone.” — Marcus Lim, CEO of PEXX

With this acquisition, PEXX aims to enrich its platform by integrating Chain Debrief’s extensive library of content, including articles, tutorials and expert analysis, 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 help them make informed decisions.

Additionally, the acquisition of Chain Debrief serves as a vital channel for PEXX to strengthen its community, particularly in Southeast Asia. By continuing Chain Debrief’s mission of crypto education, PEXX will provide users with the tools needed to navigate the rapidly evolving world of cryptocurrency. This move also supports PEXX’s broader vision to encourage crypto investment and adoption in the region.

“We have always been passionate about educating and empowering our community with the latest blockchain and crypto technology. 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 offerings, 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 transactions, while also contributing to the broader blockchain ecosystem through education and thought leadership.

About PEXX

PEXX is a groundbreaking stablecoin cross-border payments platform that simplifies global money transfers. By providing secure, fast and cost-effective solutions, PEXX enables users and businesses to convert stablecoins such as 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 to PEXX: https://linktr.ee/pexxme

Contact

PEXX Marketing
PEXX Technology Pty Ltd
(email address)