CXNEST Ltd. Completes Acquisition of Currency.com for Growth Strategy

CXNEST Ltd. Completes Acquisition of Currency.com

In a significant move in the cryptocurrency sector, CXNEST Ltd. has announced the successful acquisition of the crypto exchange Currency.com from investment firm VP Capital Ltd. This strategic acquisition marks the beginning of a new era for both companies, where CXNEST aims to integrate advanced technology and resources to propel innovation and growth within the crypto market.

Transforming the Crypto Landscape

With this acquisition, CXNEST Ltd. now holds complete ownership and operational control of Currency.com. The acquisition process involved a comprehensive change of control protocol, successfully receiving the necessary approvals from U.S. state regulators, as well as from regulatory bodies in other jurisdictions where Currency.com operates. This ensures that the acquisition is compliant with applicable laws and represents a strong regulatory position in the rapidly evolving crypto industry.

Konstantin Anisimov, who acts as the Investor Representative at Currency.com, expressed optimism regarding the future of the platform. “This acquisition opens an exciting new chapter for Currency.com. With a prominent brand and robust regulatory standing in the U.S., capable of operating in over 40 states, we have the perfect foundation for success,” declares Anisimov.

Plans for Expansion

Under the new stewardship of CXNEST Ltd., Currency.com is poised to expand its offerings to meet the increasing demand from users of digital assets. The strategic focus will initially be on reinforcing its presence in the U.S. and EU markets, with plans to venture into the Middle East shortly thereafter.

“I see significant potential in Currency.com,” continues Anisimov. “Over the next two to three years, I anticipate transformative changes, not just for Currency.com but for the entire digital asset industry.” This forward-thinking approach highlights CXNEST's commitment to leveraging technological advancements to enhance user experience and broaden market reach.

Existing customers can continue to access Currency.com's services without interruption, ensuring a smooth transition as the company aligns itself with the objectives of CXNEST Ltd. In the near future, the platform is set to reveal updates involving expansions and innovations that are currently in the pipeline.

About Currency.com

Currency.com has established itself as a credible player in the cryptocurrency market, with aspirations to emerge as a market leader not only in the U.S. but globally. The company is dedicated to providing an exceptional user experience for its customers, which aligns with CXNEST's mission of advancing innovative financial technologies and digital platforms.

About CXNEST Ltd.

CXNEST Ltd. is a consortium of private investors focused on promoting innovative solutions within financial technologies. The acquisition of Currency.com fits seamlessly into their vision of enhancing the landscape of digital trading platforms.

This acquisition signifies a noteworthy milestone in the cryptocurrency sector, as CXNEST Ltd. positions itself to capitalize on the growing interest in digital assets, promising a future of growth and expanded services for both existing and prospective users in the crypto domain. Stay tuned as Currency.com is set to unveil ambitious plans that will shape the future of its services in the digital asset landscape.