JERSEY
CITY, N.J., March 18,
2025 /PRNewswire/ -- A group of investors
representing CXNEST LTD announced a successful and complete
acquisition of crypto exchange Currency.com from an
investment firm VP Capital Ltd.
After a thorough change of control process and approvals
received from the relevant state regulators in the U.S. and
regulators in other jurisdictions, CXNEST Ltd. has successfully
acquired full ownership and control of Currency.com's business and
operations. This strategic acquisition will integrate
Currency.com's advanced technology with the deep expertise and
resources of its new investors, driving innovation and growth. The
group will also benefit from an expanding team of senior management
experts who will continue to lead Currency.com's development going
forward.
"This acquisition opens an exciting new chapter for
Currency.com. Currency.com combines an exceptionally prominent
brand with one of the strongest regulatory stances in the U.S. (can
operate in 40+ states under applicable law) and worldwide within
the entire crypto industry. This is a great recipe for
success!" said Konstantin
Anisimov, Investor Representative at Currency.com.
"I see significant potential in Currency.com and plan to
expand its capabilities to meet the ever-growing demands of digital
asset users. The business's focus for the immediate future will be
to further strengthen our positions in the U.S. and EU markets,
followed by a wider expansion to other markets like the
Middle East. I expect the next 2-3
years to be transformative, not only for Currency.com but for the
entire digital asset industry."
Existing users of Currency.com will continue to enjoy
uninterrupted access to the platform, ensuring a seamless
transition under the new ownership. In the near future,
Currency.com will share a series of updates and announcements, with
ambitious plans underway.
About Currency.com:
Currency.com is a reputable
crypto business with the ambition to become a market
leader in the USA and beyond. Our
mission is to deliver the best user experience for our valued
customers.
About CXNEST Ltd.:
CXNEST Ltd. represents a group of
private investors focused on advancing innovative financial
technologies and digital platforms.
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SOURCE Currency.com
