Wirex: Announced the migration of a fifth of their popular native token WXT

  • Wirex a hybrid personal banking solution that integrates the benefits of blockchain technology into everyday finances
  • Announced the migration of a fifth of their popular native token, the Wirex Token (WXT), from the Stellar Network to the Ethereum blockchain
  • Following the successful launch of WXT two years ago, Wirex move 20 percent of the total supply to allow greater access
  • The London-based company on a mission to bring decentralised digital currency to the masses since its launch in 2014
  • Innovation at the core of their growth, developing an industry-leading platform that empowers their 3.5 million customers
  • WXT become a unique multi-blockchain cryptocurrency, as the company migrates 20 percent of its total supply (2 billion WXT)
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Revolut Strengthens Presence with Indian Hiring Spree

The financial technology company seeks to expand its team in India.Highlights: Revolut is launching a significant hiring campaign...

Visa Strengthens Subscription Management Service for Businesses

New solutions aim to simplify recurring payment management for companies.Highlights: Visa has launched a new subscription management service.The...

Mastercard to Sell Nets Payments Unit Following $3.2 Billion Acquisition

The divestment follows Mastercard's strategic review of its portfolio.Highlights: Mastercard is set to sell its Nets payments unit.The...

Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion

The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally...