Philippine Digital Asset Exchange
Latest round
- Series B
Last raised
- Mar 2022
Total raised
- $51M
Investors
- 17
About Philippine Digital Asset Exchange
Philippine Digital Asset Exchange, INC.The company operates a cryptocurrency trading platform that allows users to trade various digital assets. Founded in 2017, Philippine Digital Asset Exchange, INC. is headquartered in Taguig City, Philippines. The firm was founded by Nichel Gaba, who also serves as CEO. Their core offerings include a user-friendly interface for trading major cryptocurrencies like Bitcoin and Ethereum, along with access to stablecoins and altcoins. Additionally, PDAX allows users to invest in Tokenized Treasury Bonds (TTBs), facilitating low-risk investment opportunities.10. The company's revenue strategy primarily revolves around transaction fees associated with trades conducted on its platform. PDAX charges fees on each transaction, which constitutes a significant portion of its revenue.In March 2022, Philippine Digital Asset Exchange, INC. The company aims to introduce new products in the upcoming years while exploring potential expansions into new markets within Asia. These initiatives are expected to enhance its service offerings and capture a broader customer base as it aligns with emerging trends in technology and finance.
Who invested in Philippine Digital Asset Exchange
17 investors across 3 rounds
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Questions about Philippine Digital Asset Exchange
Who invested in Philippine Digital Asset Exchange?
Philippine Digital Asset Exchange has 17 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Philippine Digital Asset Exchange raised?
Philippine Digital Asset Exchange has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Philippine Digital Asset Exchange last raise money?
Philippine Digital Asset Exchange's most recent round on record is a Series B, in Mar 2022.
What does Philippine Digital Asset Exchange do?
Philippine Digital Asset Exchange, INC.
Where is Philippine Digital Asset Exchange headquartered?
Philippine Digital Asset Exchange is headquartered in Taguig City, Philippines.
Which VCs invest in companies like Philippine Digital Asset Exchange?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Philippine Digital Asset Exchange's stage. Their profiles are linked below.
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