PEXX acquires Chain Debrief, enhancing its platform with blockchain content and community insights.

From Investing.com

August 19, 2024 9:30 PM:

PEXX, a fintech startup, acquires Chain Debrief, a blockchain media platform, after raising $4.5 million. The move enhances PEXX’s platform with rich content and community insights, expanding its influence in the global blockchain community. Users will have access to articles and tutorials on blockchain, cryptocurrencies, and regulatory developments, aiding informed decisions.

The acquisition of Chain Debrief will enrich PEXX’s platform and community in Southeast Asia, supporting crypto education and encouraging investment and adoption in the region. PEXX’s innovative approach to cross-border payments aligns with Chain Debrief’s mission of empowering the community with blockchain and crypto knowledge, reaching a broader audience.

PEXX, a stablecoin cross-border payment platform, aims to simplify global money transfers by off-ramping stablecoins to fiat in 16 currencies directly into bank accounts. The strategic acquisition of Chain Debrief signifies a milestone in PEXX’s journey, maintaining its commitment to fast, affordable cross-border payments while contributing to the blockchain ecosystem through education and thought leadership.

Read more at Investing.com: PEXX Announces Strategic Acquisition of Chain Debrief By Chainwire