PEXX, a leading fintech startup specializing in stablecoin cross-border payments, has announced its acquisition of the Singapore-based blockchain media platform Chain Debrief. The deal, which involves an undisclosed sum, follows PEXX’s recent successful $4.5 million funding round led by TNB Aura and ANTLER. This acquisition marks a strategic move for PEXX, aimed at deepening its engagement within the global blockchain community.
Marcus Lim, CEO of PEXX, commented, “The acquisition of Chain Debrief is a significant milestone in our mission to transform the global financial landscape. By integrating Chain Debrief’s rich content and community insights, we enhance our platform and equip our users with essential knowledge and tools to navigate the blockchain and cryptocurrency sectors. This move highlights our commitment to expanding our influence in the Southeast Asian blockchain ecosystem and advancing our goal of making cross-border payments fast, affordable, and accessible.”
With this acquisition, PEXX plans to incorporate Chain Debrief’s extensive content library—featuring articles, tutorials, and expert analyses—directly into its platform. This integration will provide users with timely information on blockchain technology, cryptocurrencies, and regulatory changes, facilitating more informed decision-making.
The acquisition also strengthens PEXX’s community presence, particularly in Southeast Asia, by continuing Chain Debrief’s mission of cryptocurrency education. PEXX aims to leverage this opportunity to foster greater crypto investment and adoption across the region.
Jacky Yap, Founder of Chain Debrief, stated, “Our passion for educating and empowering the blockchain community aligns perfectly with PEXX’s innovative approach to cross-border payments. This acquisition allows us to extend our content and insights to a wider audience, supporting PEXX’s vision of expanding financial access and promoting crypto adoption.”
As PEXX advances its growth strategy, the acquisition of Chain Debrief represents a significant step in its journey. The company remains dedicated to its core mission of providing efficient and cost-effective cross-border payments while contributing to the broader blockchain ecosystem through education and thought leadership.
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