XBO Ventures, the investment arm of XBO.com, has announced its participation in Rapyd's $500 million funding round.
What is XBO Ventures?
XBO Ventures is the strategic investment arm of the global cryptocurrency exchange XBO.com. It focuses on supporting infrastructure-driven solutions that strengthen the ecosystem and accelerate the adoption of Web3.
Why Rapyd?
Rapyd powers one of the most advanced fintech infrastructures, enabling businesses to accept, send, and manage payments globally. The partnership allows XBO to integrate its own solutions, such as liquidity services and crypto payment processing, into the Rapyd ecosystem.
Future Prospects of Collaboration
The partnership between XBO Ventures and Rapyd opens up new opportunities for clients, including fast-tracking onboarding to the global payments network and access to liquidity services and corporate wallet management.
XBO Ventures' investment in Rapyd marks a significant step toward creating a more accessible and secure fintech ecosystem, fostering innovation in digital payments.
