PEXX Declares Strategic Acquisition of Chain Debrief

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Singapore, Singapore, August 20, 2024, Chainwire

Following a profitable funding spherical of $4.5M led by TNB Aura and ANTLER, PEXX, an revolutionary fintech startup specializing in cross-border stablecoin funds, is happy to announce the acquisition of Singapore-based blockchain media platform, Chain Debrief, for an undisclosed quantity. This strategic transfer is in step with PEXX's dedication to increasing its footprint and fostering deeper engagement throughout the international blockchain neighborhood.

“The acquisition of Chain Debrief marks an vital milestone in PEXX's efforts to revolutionize the worldwide monetary world. Integrating Chain Debrief's wealthy content material and neighborhood insights won’t solely strengthen our platform, but additionally equip our customers with the information and instruments they should navigate the advanced world of blockchain and cryptocurrency. This strategic transfer underscores our dedication to increasing our affect and growing engagement inside Southeast Asia's blockchain ecosystem, whereas staying true to our mission of constructing cross-border funds quick, inexpensive and accessible to all.” — Marcus Lim, CEO, PEXX

With this acquisition, PEXX plans to boost its platform by integrating Chain Debrief's in depth content material library (e.g. articles, tutorials and professional evaluation) immediately into the PEXX consumer expertise, permitting customers to simply entry the newest info on blockchain know-how, cryptocurrency and regulatory developments to make knowledgeable choices.

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Moreover, the acquisition of Chain Debrief serves as an vital channel for strengthening PEXX's neighborhood, significantly in Southeast Asia. By persevering with Chain Debrief's crypto schooling mission, PEXX will present customers with the sources they should navigate the quickly evolving world of cryptocurrency. The transfer additionally helps PEXX's broader imaginative and prescient to drive crypto funding and adoption throughout the area.

“Now we have all the time been obsessed with educating and empowering our neighborhood on the newest in blockchain and cryptocurrency. PEXX's revolutionary strategy to cross-border funds and dedication to increasing monetary entry created a chance for us to succeed in an excellent wider viewers with our content material and insights.” — Jacky Yap, Founder, Chain Debrief

As PEXX continues to develop and increase its companies, the acquisition of Chain Debrief marks an vital milestone in that journey. The corporate stays dedicated to its mission of offering quick and inexpensive worldwide cash transfers whereas contributing to the broader blockchain ecosystem by way of schooling and thought management.

About PEXX

PEXX is a pioneering stablecoin cross-border funds platform simplifying worldwide funds. By offering a safe, quick, and cost-effective answer, PEXX permits customers and companies to off-ramp stablecoins comparable to USDT and USDC into 16 fiat currencies and deposit immediately into financial institution accounts. PEXX's revolutionary platform bridges the hole between the worlds of conventional finance and cryptocurrency, making worldwide funds seamless and environment friendly.

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Customers can hook up with PEXX at: https://linktr.ee/pexxme

contactPEXX Advertising and marketingPEXX Expertise Co., Ltd.[email protected]

This text was first printed on Chainwire