
Tag "PDAX"
Velo Labs Partners PDAX to Enhance Cross-Border Payments to the Philippines
Velo Labs, a blockchain-based financial protocol enabling digital credit issuance and borderless asset transfer for businesses, and the Philippine Digital Asset Exchange (PDAX) have formed a partnership. The partnership aims to improve cross-border payments to the Philippines using blockchain technology.
Read MoreCrypto Exchange PDAX Secures US$50 Million in Series B Led by Tiger Global
The Philippine Digital Asset Exchange (PDAX) announced that it has raised more than US$50 million in funding led by Tiger Global. Tiger’s investment completes the company’s Series B funding round which began with US$12.5 million in August 2021. Other investors include
Read MoreCrypto Exchange PDAX Bags US$12.5 Million in Fundraise Joined by Unionbank’s UBX
The Philippine Digital Asset Exchange (PDAX), a cryptocurrency exchange licensed by the Bangko Sentral ng Pilipinas, announced that it has raised US$12.5 million (₱ 630 million) in funding. The funding round was led by an unnamed UK-based venture capital firm.
Read More15 New Philippine Fintech Startups to Watch out for in 2019
Financial technology continues to bring exciting times ahead in the Philippines with the ever-growing emergence of new fintech players that aim to cater to 69 per cent of its adult population that are still unbanked. A report released earlier this
Read MorePhilippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX
Philippines Digital Asset Exchange (PDAX), a locally based cryptocurrency exchange platform recently received an undisclosed sum of funding from BitMEX Ventures. This news follows a recent investment by Consensys into PDAX. According to BitMEX co-founder and CEO Arthur Hayes, they
Read MorePhilippines Approves 3 More Crypto Exchanges Amid Soaring Bitcoin Prices
Bangko Sentral ng Pilipinas has green-lit another 3 cryptocurrency exchanges to operate in the Philippines. The new licensed firms include Bexpress Inc, Coinville Phils Inc. and Aba Global Philippines Inc. This brings the total number of licensed cryptocurrency exchange in
Read MoreConsenSys Ventures Backs Philippine Crypto Trading Startup PDAX
Crypto-exchange platform Philippine Digital Asset Exchange (PDAX) has raised an undisclosed amount of investment made by ConsenSys Ventures, the venture capital arm of US-based blockchain software firm ConsenSys. Founded in 2017 by Nichel Gaba, Krystian Kucharzyk, and Yang Yang Zhang,
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