Company

Philippine Digital Asset Exchange, INC.

Philippine cryptocurrency exchange where users trade digital assets and invest in tokenized treasury bonds.

About

Founded in 2017 and headquartered in Taguig City, Philippines, Philippine Digital Asset Exchange, Inc. (PDAX) was founded by Nichel Gaba, who is also CEO. Users can trade Bitcoin, Ethereum and other digital assets and invest in Tokenized Treasury Bonds, with most revenue from transaction fees; 2023 revenue was USD 1,753,471.10. In March 2022 it raised USD 35 mn in a Series B round led by Tiger Global Management, with Belltower Fund Group and Jump Capital, giving a current valuation of USD 345.07 mn. Funds are planned for metaverse, fintech and digital banking solutions.

3Funding rounds

13Investors

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