- February 2022 Total Transaction Volume (TTV) of AUD $106 million (USD $76 million) up 48% Year-on-Year
- Five new partners signed in February, including TokenPocket, ApolloX, IDEX, Sologenic and IX Swap
- Added two new fiat currencies in February, now supporting a total of 32
- Secured Netherlands cryptocurrency custody registration from the Dutch National Bank (DnB)
TORONTO and MELBOURNE, March 15, 2022 - BANXA Holdings Inc. (TSX-V: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or "The Company"), the world's first listed payment service provider (PSP) and RegTech platform for the digital assets industry, has today announced its February 2022 TTV, recording AUD $106 million (USD $76 million), and growth of 48% Year-on-Year. The TTV is broadly in line with the decline in volumes of the overall cryptocurrency market.
In February, Banxa processed over 127,000 transactions and added five new partners, including TokenPocket and ApolloX. Banxa also added two new fiat currencies to now support a total of 32 fiat currencies enabling seamless access to digital currencies through multiple payment methods.
Banxa also secured a cryptocurrency custody registration from the Dutch National Bank (DnB) which allows Banxa to hold custody of Bitcoin, Ethereum and other cryptocurrencies on behalf of its customers. This registration adds further to Banxa’s focus on acquiring digital currency exchange and custody licences around the world.
Banxa CEO Holger Arians said, "The crypto ecosystem is ever-changing, and Banxa is ideally positioned to continue its accelerated growth in the market. We are delighted to welcome our new partners, providing support for more coins and fiat currencies every month.”
ON BEHALF OF THE BOARD OF DIRECTORS
Per: "DOMENIC CAROSA" https://twitter.com/dcarosa
BANXA Holdings Inc. (TSX-V: BNXA) (OTCQX: BNXAF) (FSE: AC00)
Banxa powers the world's largest digital asset platforms by providing payments infrastructure and regulatory compliance across global markets. Banxa's mission and vision are to build the bridge that provides people in every part of the world access to a fairer and more equitable financial system. Banxa is headquartered in Melbourne, Australia, with European headquarters in Amsterdam, the Netherlands.
For further information go to www.banxa.com
This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies.
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For Further Information, see www.banxa.com