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Roxe Secures Strategic Investments From Zero2First and Future Capital Tech to Accelerate Growth

·3-min read

Zero2First Also Becomes a Roxe Chain Supernode, Continuing Momentum of the Roxe Ecosystem

Roxe, a next-generation global payment network, today announced that Zero2First and Future Capital Tech have made strategic investments in Roxe to help accelerate Roxe’s growth. Zero2First also now operates a supernode on Roxe Chain, the public-private hybrid blockchain purpose-built for payments and administered by the Roxe Chain Foundation. Roxe now has Apifiny, Mercurity Fintech Holding (Nasdaq: MFH), DaoTrust, ECS Fin, and Zero2First operating as supernodes on its network.

Today’s news continues Roxe’s momentum from recent customer signings, including Fairexpay, a global aggregator platform for cross-border payments that provides payment services in over 200 countries and 130 currencies; BuyUCoin, a leading digital asset exchange, ECS Fin, a global bank infrastructure provider; Onchain Custodian, a leading crypto custody player in Asia; N2Xpress, a fast-growing, global remittance company; and Aberdeen Capital Group, a business consulting firm that provides cross-border payment services.

"We’re thrilled to secure strategic investments from our reputable partners Zero2First and Future Tech Capital," said Haohan Xu, CEO of Roxe. "The investments validate our hard work and dedication to continue growing the Roxe ecosystem and unifying payment systems so that digital and fiat currencies can move across borders much faster and interoperate with each other. The Roxe Instant Settlement Network allows financial institutions, especially banks, central banks, and payment and remittance companies, to transfer fiat and digital currencies in seconds at much lower costs anywhere in the world."

Roxe is also helping spark global economic growth by providing 113 qualifying central banks with free, complete access to its global Central Bank Digital Currency (CBDC) payment network. Each central bank will be able to issue, manage, and distribute its own CBDC worldwide while interoperating with other CBDCs on the Roxe network. The Roxe network increases CBDCs’ global circulation and liquidity by interconnecting them with a global payment system that includes non-bank payment providers, domestic and foreign banks, and cross-border remittance companies. To learn more, visit https://www.roxe.io/central-banks.

Roxe's technology allows member nodes to access a permissioned blockchain network so they can settle in seconds instead of days. Unlike previous approaches that attempted to enable clearing and settlement via the use of one digital asset, Roxe member nodes can transfer and settle many different assets and asset classes. The Roxe network is currently designed to support USD, several major fiat currencies, and fiat from select countries with large remittance markets such as Nigeria, Egypt, Turkey, India, Philippines, Mexico, and Brazil.

About Roxe

Roxe is a next-generation, global payment network. Roxe uses blockchain technology to unify fragmented global payment systems so that payment and remittance companies, digital asset exchanges, stablecoin issuers, banks, and consumers can make the fastest, least expensive, and most reliable payments anywhere in the world. Roxe removes barriers of time, geography, and currency so that financial value moves with unprecedented speed across the globe. The company’s smart payment technology automatically uses the best route for the lowest-cost payments. Powered by Roxe Chain, a hybrid blockchain purpose-built for payments and other value transfer applications, Roxe also empowers its partners to offer their end customers ultra-fast remittance and payments products. Roxe is designed to be the fundamental component of the global payments industry and is compatible with any traditional and digital financial system. For more information, visit https://www.roxe.io.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005272/en/

Contacts

Eric Doyle
marketing@roxe.io