Zipmex News

SINGAPORE-HEADQUARTERED digital exchange Zipmex will be facilitating the first South-east Asian luxury property purchase with cryptocurrency.

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Zipmex, a Singapore-based digital assets exchange, announced today it has raised US$6 million in fresh funding, led by US-based VC firm Jump Capital. The total amount raised in this round exceeded its initial target of US$4 million

Singapore-based digital assets exchange Zipmex said it has secured US$6 million in funding in a round led by US venture capital firm Jump Capital.

Zipmex’s goal is to become the largest digital exchange in the Asia Pacific region, where interest in cryptocurrency investing and blockchain technology is increasing quickly. For example, DBG Group Holdings, Southeast Asia’s largest lender, recently launched a crypto exchange, though it is currently open only to professional investors.

Zipmex, the fully licensed global digital assets exchange, announced
today the closing of its latest funding round. The round is headlined by Jump Capital, a US venture capitalist firm specializing in data-driven tech companies.

SINGAPORE-BASED digital asset exchange Zipmex has closed a US$6 million funding round, the trading platform announced on Tuesday.

The startup’s latest funding round, led by American venture capital firm Jump Capital, followed its fund-raising of US$1.9 million in January 2019 and another round of US$3 million in September 2019.

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Singapore’s digital assets trading platform Zipmex has partnered with blockchain company Rupiah Token to launch a stablecoin, called IDRT, which is fixed to the Indonesian currency.

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The exchange is expanding its business across the Asia-Pacific region.

Zipmex, a Singapore-headquartered digital asset exchange, has registered itself with Indonesia’s Commodity Futures Trading Regulator (Bappebti), to operate under the purview of the southeast Asian country’s watchdog.

The Indonesian Commodity Futures Trading Regulator, or Bappebti, has officially registered Zipmex, a Singapore-based crypto exchange, to operate within its borders. Zipmex will now be capable of pushing its services within the Southeast Asian country’s borders, under the watchful eye of its regulator.

Marcus Lim, CEO, Zipmex, joined Doug Krizner and Bryan Curtis on Daybreak Asia. He delves into the outlook for digital assets, with a focus on how regulation is developing in Asia. He goes on to why Thailand is unique in its approach.

Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex.

Infinity Blockchain Holdings has invested in Asia-Pacific digital currency exchange provider Zipmex.

The Singapore-based company is now valued at US$18 million after participation from over six investors in this round

SINGAPORE-BASED digital currency exchange provider Zipmex has raised US$3 million in a pre-Series A round led by blockchain technology group Infinity Blockchain Holdings, raising its valuation to US$18 million, said the startup on Monday.

Infinity Blockchain Holdings has invested in Asia-Pacific digital currency exchange provider Zipmex.