The Zipmex crypto exchange has raised $ 41 million in Series B funds to support banking services.

08月
31
2021-8-31 14:09
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On August 31, Singapore-based digital asset exchange Zipmex announced that it had completed a $ 41 million Series B financing and that its partner was Krungsri Finnovate, one of Thailand's largest banks. . . The other investors in this fund have not yet been announced. With new capital, Zipmex plans to improve its technology processes, create new business partnerships, attract new technologies and expand its products. Founder and CEO Marcus Lim said the money would be used to develop key businesses in Indonesia and Thailand pending approval from the Monetary Authority of Singapore. The exchange is currently exempt from the Singapore Payment Services Act, the basis of digital payment management and payment service providers.

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