Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain

Cointelegraph

Published Aug 22, 2021 09:00PM ET

Updated Aug 23, 2021 11:00PM ET

Blockchain fintech company XREX has concluded a $17 million pre-A investment round led by a consortium of global investors, underscoring heightened institutional demand for crypto-focused startups.

The consortium was driven by CDIB Capital Group, a publicly traded company in Taiwan, and includes investors from major banks and venture capital firms in North America, Europe and Asia.

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