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COMPANY PROFILE

Xrex

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Helps blockchain-focused organizations save time and money with product development, production maintenance, security, scalability, and compliance efforts

Taipei, TaiwanFounded 2019Fintech
Valuation $100–250M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Xrex and the history behind them.

About Xrex

XREX is an innovative financial technology (fintech) company that aims to revolutionize the banking sector by leveraging blockchain technology. The company collaborates with banks, regulatory bodies, and verified users to create a more inclusive financial system. This system is designed to allow everyone to participate in and contribute to the global economy.

XREX primarily serves clients who are interested in cryptocurrency trading and blockchain solutions. These clients range from individual traders to institutional investors. The company operates in the global financial market, focusing on regions with emerging economies where traditional banking systems may be less accessible.

The business model of XREX revolves around its blockchain-driven solutions and its standalone trading platform, the XREX Exchange. This exchange offers professional access to various types of trading, including spot, futures, and options. By providing these services, XREX generates revenue through trading fees, which decrease as the trading volume increases. This incentivizes higher trading activity on their platform.

Additionally, XREX has introduced a social trading feature called XREX Circles. This feature allows users to connect with others, expand their networks, and engage in collective trading activities. The social aspect of XREX Circles aims to make trading a more community-driven and enjoyable experience, further attracting users to the platform.

XREX's leadership team includes experienced professionals like CEO Wayne Huang, who co-founded Armorize Technologies and successfully exited to Proofpoint, and CRO Winston Hsiao, a seasoned entrepreneur and active crypto trader. Their combined expertise in cybersecurity and economics strengthens XREX's position in the fintech market.

In summary, XREX is a forward-thinking fintech company that uses blockchain technology to democratize financial services. It serves a diverse range of clients, operates in the global market, and makes money through trading fees and social trading features.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Taipei, Taiwan
Employees
116
Open positions
3
Dealroom signal
73.8/100
Industry
Fintech
Sub-industry
Crypto and DeFi
Sector
Fintech, Bitcoin, Trading, Crypto and Web3, Hard Tech, financial inclusion, DT and LS
Technology
Blockchain, Deep Tech
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jun 2024 $19M $75M Tether ↗
EARLY VC✓Equity / VC Aug 2021 $17M $68M Global Founders Capital · AppWorks · SBI Group · ThreeD Capital —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Xrex website traffic

Latest recorded traffic for Xrex is 33K monthly website visits, down 26.7% over the last three months. Xrex's team grew 2.7% over the past year.

Latest monthly visits33K 3-month web change-26.7% 1-year team growth+2.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • CDIB Capital Group
  • WI Harper Group
  • BitoEX
  • National Development Fund of Taiwan
  • MetaPlanet

Series A11 investors entered at this stage

Other known investors3 additional known investors

  • Taiwan Tech Arena
  • Black Marble Capital Management
  • Outliers Fund
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇹🇼 Taiwan75.9%
🇸🇬 Singapore4.8%
🇺🇸 United States2.4%
🇭🇰 Hong Kong1.2%
🇮🇳 India1.2%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Xrex on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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