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Nexus INC. Announces More Than 1.3 Billion US Dollars in Transactional Volume in the Last Two Years; Valuation Stands at US$240 Million

PaymentsJournal by PaymentsJournal
May 28, 2021
in Blockchain, Cryptocurrency, Digital Banking, Digital Currency, Digitalization, Press Releases, Processing
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Nexus INC. Announces More Than 1.3 Billion US Dollars in Transactional Volume in the Last Two Years; Valuation Stands at US$240 Million

Nexus INC. Announces More Than 1.3 Billion US Dollars in Transactional Volume in the Last Two Years; Valuation Stands at US$240 Million

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WORLDWIDE, THURSDAY 27 MAY 2021 –Nexus Inc. (“Nexus”), a deep tech digital asset management firm domiciled in Dubai, Kuala Lumpur, Melbourne and Singapore, is reporting more than US$1.3 billion in transactional volume during the 2019-2020 financial period. This is attributed to Nexus experiencing an ongoing period of accelerated growth, demonstrating an upward trajectory of 372 institutional clients on roster. To date, Nexus is valued close to US$240 million company.

In July 2020, Nexus closed a US$2.6 million Series A funding tranche led by Australia asset management firm CollinStar Capital. The investment sum will afford Nexus product development scalability as the blockchain-centric firm meets global market demands to support exponential client growth. Other angel investors, which have pumped in well over US$51 million since 2016 including, Australia bitcoin mining company Blockchain Global Ltd and blockchain technology consortium Hypertech Group, California private equity firm Blockchain Ventures, and Hong Kong digital assets trading platform Hoo and online financial investment site Molecular Future.

The raised funds will enable Nexus to continue providing best-in-class support and services. These encompass both blockchain and financial related services. Additionally, Nexus will advance technology and interoperability by creating and innovating digital applications for both mobile and desktop devices. These developmental efforts translate to Nexus delivering on the most user-friendly, personalized digital navigation assistant in the market, capable of providing a wide variety of services alongside an enhanced user interface; all for the purposes of catering towards the best user experiences possible.

Nexus’s current cluster of clients include Singapore digital asset trading platform CoinW.ai/CoinW.pw, Australia’s liquidity provider Fantastech, China’s financial service provider Hyper ProXimity (HPX), Australia, Hong Kong and Singapore future-oriented blockchain crypto bank HyperBC, Saudi Arabia payment gateway HyperPay with offices in Dubai, Amman, Cairo and Bahrain, Malaysia investment firm Monspace, and Australia supply chain solutions provider Ucot.

Tags: AustraliaBitcoinBlockchaincryptocurrencydigital assetsNexus INC.Press ReleaseTransaction volume
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