MinePlex Secures $100 Million From GEM Digital Limited

MinePlex, a digital ecosystem with unique CrossFi technology secures the fund up to $100 million from GEM Digital Limited (GEM). The funding will be used to develop MinePlex Banking – the new technologies related to the banking and investment ecosystem.

MinePlex core product aims to create a platform for millions of users to make fast transactions by using bank cards, mobile apps,s and crypto. Since launching in April 2022, MinePlex.Finance is the bridge between digital assets and fiat currencies. In collaboration with Master Cards and Visa Cards later this year, this platform accepts these common cryptos, such as USDT, BTC, ETH, and TRON through the POS terminal. MinePlex also enhances its multi-card function to add more different payments to its wallet.

With $100 Million from this round, the firm will list its PLEX token, strengthen marketing efforts, and develop B2B, B2G, and traditional financial partners.

“This cooperation opens a new chapter in the development oand shows that we are progressing towards our intended goal: to contribute to solving the problem of financial isolation of millions of people globally by utilizing the capabilities of the CrossFi technology we have developed. This investment commitment will accelerate the scaling of the MinePlex ecosystem and the development of new-generation financial instruments based on our own blockchain. We are really proud to work with GEM,“ Aleksandr Mamasidikov, Co-founder & CEO of this firm stated.

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