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MinePlex
MinePlex is a CrossFi digital ecosystem that provides a suite of financial products integrating traditional finance with blockchain technology. It allows users to manage both crypto and fiat currencies, store and trade digital assets, and purchase goods on its marketplace using cryptocurrency.
Singapore, SG
Description
MinePlex is a CrossFi (Cross-Finance) digital ecosystem founded in 2020 and headquartered in Singapore. It aims to bridge traditional finance with the cryptocurrency market by combining the stability of traditional financial instruments with the security and transparency of blockchain technology. The company's goal is to make cryptocurrency usage as simple as fiat currency for its global community, which spans 68 countries. The ecosystem is built on two proprietary blockchains, one based on Tezos and another on Tendermint Core, with native tokens such as MINE, PLEX, MPX, and XFI. MinePlex offers a range of products, including MinePlex Banking for managing crypto and fiat, a multi-currency wallet, a blockchain explorer, a marketplace for purchasing goods with crypto, and crypto-acquiring platforms. The company has reportedly received a $100 million funding facility from GEM Digital Limited to support its development.Grant Funding
VC Funding
None
2022
$0
$100M