Xrex: Launches crypto fiat Exchange-as-a-Service platform

  • Xrex, a blockchain TradeTech company serving cross-border businesses that operate in emerging economies
  • Announced the launch of MyXchange, a first-of-a-kind digital currency Exchange-as-a-Service (EaaS) platform
  • MyXchange makes it easy for any MTO to run a secure crypto-fiat exchange that features full KYC
  • MyXchange simplifies creating a secure exchange, passing along low fees with seamless cross-border escrowed payments across emerging markets
  • XREX backed by well-known venture capital firms AppWorks, WI Harper, BlackMarble, and CDIB
  • XREX provides all of the technology needed for MTOs to facilitate international trade finance
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

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions. Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...

ABN AMRO Expands Access to Crypto Investments

The bank now offers clients direct access to cryptocurrency. Highlights: ABN AMRO now allows clients to invest in cryptocurrency...

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment. Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services. Highlights: DTCC announces shift to public cloud...