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

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT. Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve. Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services. Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK. Highlights: Cifas reported 444,000 fraud cases in...