XREX
Tether invests $18.75M in Taiwanese blockchain-enabled financial institution XREX Group
Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.
XREX Singapore receives MAS major payment institution license in-principle approval
XREX, a Taiwan-based blockchain-enabled financial institution specializing in cross-border payments in emerging markets, announced last Thursday that its Singapore entity has obtained in-principle approval for a major payments institution (MPI) license from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator.
Taiwan’s XREX raises $17M in Pre-Series A funding round led by CDIB Capital
XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets.
