In a bold and strategic move, PEXX, an innovative fintech startup specialising in stablecoin cross-border payments, has announced the acquisition of Singapore-based blockchain media platform, Chain Debrief. This acquisition comes on the heels of a successful raise of $4.5 million led by TNB Aura and ANTLER, showcasing PEXX’s commitment to expanding its footprint and engaging more deeply with the global blockchain community.
The acquisition of Chain Debrief by PEXX represents a significant milestone in the company’s journey to revolutionise the global financial landscape. By integrating Chain Debrief’s extensive library of content, including articles, tutorials, and expert analyses, directly into the PEXX platform, users will have easy access to the latest information on blockchain technology, cryptocurrencies, and regulatory developments. This integration will empower users with the knowledge and tools they need to navigate the complex world of blockchain and make informed decisions.
PEXX’s acquisition of Chain Debrief will not only enrich its platform but also serve as a vital channel for enhancing its community, particularly in Southeast Asia. By continuing Chain Debrief’s mission of crypto education, PEXX aims to provide users with the resources needed to navigate the rapidly evolving world of cryptocurrency. This strategic move aligns with PEXX’s broader vision of encouraging crypto investment and adoption across the region.
Marcus Lim, CEO of PEXX, expressed his excitement about the acquisition, stating, “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.”
Jacky Yap, Founder of Chain Debrief, highlighted the importance of education and empowerment in the blockchain and crypto space. He mentioned, “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.”
As PEXX continues to grow and expand its offerings, the acquisition of Chain Debrief represents a significant step in its journey. The company remains steadfast in its commitment to providing fast and affordable cross-border payment transfers while contributing to the wider blockchain ecosystem through education and thought leadership. PEXX’s innovative platform bridges the gap between traditional finance and the world of cryptocurrencies, making global money transfers seamless and efficient.
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