Author: houstonmckinnon

StraitsX surpasses SGD 2 billion mark in digital assets-related transactions in 2021 and unveils new platform

StraitsX, Southeast Asia’s pioneering digital assets platform developed by Xfers, a Singapore-based FinTech licensed by the Monetary Authority of Singapore (MAS) for e-money issuance, today announced that it has surpassed the SGD 2 billion mark in digital assets-related transactions on its payment platform in 2021 alone. Aymeric Salley, Head of StraitsX, said, “The growth in transactions shows that investors are increasingly exploring digital assets as an alternative form of investment that offers liquidity and returns. Meanwhile, central banks around the world are examining the potential benefits of digital and decentralised financial systems. Recently, we have been shortlisted in the MAS ... Read more