Following a successful $41M Series B with Thailand’s 5th biggest lender Bank of Ayudhya’s VC arm Krungsri Finnovate participating, digital asset platform Zipmex has completed agreements for a strategic listing on ProBit Global on November 24.
Zipmex provides crypto payment rails along with a full-scale digital asset exchange with a primary presence throughout Asia in Thailand, Indonesia, Singapore, and Australia.
The ZMT utility token unlocks baseline user benefits ranging from staking rewards through a 45-day fixed basis as well as a flexible staking cycle through ZipLock and Zipup. ZMT will also expand on its utility through reduced fees and APY once loans are available on the upcoming ZipLend borrowing protocol with additional benefits such as cashback rewards on its merchant payment solution ZipPay.
The Zipmex exchange provides enhanced depth and liquidity for traders with fiat support covering USD, SGD, AUD, THB, and IDR with a $100M insurance policy with Bitgo securing user assets in the case of potential theft or hacking.
Crypto payment network ZipSpend enables partners to accept crypto payments through BTC, USDT, and ZMT, having facilitated Asia’s first BTC-denominated Lambo purchase as well as the region’s first luxury real estate purchase by locking in a down payment according to the price at the time of deposit.
ZLaunch serves as a fundraising launchpad to provide capital and traction for blockchain ventures by rewarding early-stage adopters users with allocations of the team’s tokens.
Zipmex also provides the Visa-supported Zipmex Card with an eye on the NFT market through ZipWorld, a branded merchandise platform and NFT marketplace that will amplify the unique benefits afforded to ZMT holders.
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