PDAX raises US$12.5M to take advantage of the popularity of cryptocurrencies in Philippines

The Philippine Digital Asset Exchange (PDAX) announced today it has raised US$12.5 million (₱ 630 million) in funding led by an unknown VC firm based in the UK, with participation from Hong Kong-listed fintech company BC Group. Most of PDAX’s existing investors, including Beenext and CMT Digital, besides Ripple and several prominent family offices in […] The post PDAX raises US$12.5M to take advantage of the popularity of cryptocurrencies in Philippines appeared first on e27.