Asia-based crypto exchange Zipmex secures $41M USD in Series B funding

Forum 3 years ago

Asia-based crypto exchange Zipmex secures $41M USD in Series B funding

Zipmex, an Asia-Pacific-based cryptocurrency trade with workplaces in Singapore, Thailand, Indonesia, and Australia, nowadays introduced that it has secured over USD $41 million in its Collection B investment.

This marks a milestone for Zipmex, which has noticed a couple of firms taking an passion on this spherical. The Zipmex staff welcomes new traders together with the Financial institution of Ayudhya’s company mission capital arm, Krungsi Finnovate, who has joined as an investor. Additional, Plan B Media Public Corporate Restricted and Grasp Advert Public Corporate Restricted have additionally made a dedication on this Collection B investment

Ecosystem

• Except its crypto buying and selling platform, Zipmex has involved in increasing the tactics by which its customers can spend and earn rewards by way of their very own Zipmex token (ZMT). 

• The trade’s “earn” merchandise come with ZipUp — an account with day-to-day payouts of as much as 8% APY, and  ZipLock – a fixed-term profits account with APY as much as 14% plus bonuses for ZMT holders.

• ZipSpend is a price resolution for companies having a look to just accept cryptocurrency. It has already facilitated a number of regional firsts in luxurious automobiles, artwork, and assets transactions.

• This month, Zipmex introduced the Zipmex Card, a Visa-payment card to be introduced later this 12 months.

• On best of those core choices and coming quickly, ZipWorld will allow customers to redeem unique way of life merchandise and get right of entry to one-of-a-kind reviews and rewards the use of the Zipmex token (ZMT). Finally, Zlaunch will give customers early get right of entry to to funding tokens at the Zipmex trade.

“WE’D LOVE TO THANK THE JUST ABOUT 1M REGISTERED CUSTOMERS WHO’VE JOINED US THUS FAR. THIS INVESTMENT WILL LET US PROCEED TO CONSTRUCT OUT THE ZIPMEX ECOSYSTEM TO CARRY EXTRA WORTH, REVIEWS, AND CUTTING EDGE MERCHANDISE TO OUR NEIGHBORHOOD.”
– MARCUS LIM, CEO & CO-FOUNDER OF ZIPMEX