Author: Marin

XREX, a crypto-fiat fintech company driving financial inclusion via blockchain, closed its $17 million Pre-A round, which was oversubscribed by 200%. XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets. Led by CDIB Capital Group (TWSE: 2883), the consortium of global investors includes publicly-listed companies, major banks, venture capital firms, and top fintech investors from the US, Canada, Germany, Estonia, Singapore, Japan, Hong Kong, and Taiwan. The strong participation by publicly-listed companies underscores XREX’s commitment to compliance with regulatory bodies. Other investors in this Pre-A…

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Highlights – Appointment of Paul Harvey strengthens Appian’s senior team – Paul will hold the role of Senior Operating Partner, providing operational oversight to portfolio companies and advising on potential investments – Brings 30 years of experience with some of the world’s leading diversified miners, including BHP and South32

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