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TenX is a Singapore company that built a blockchain platform for cross-border payments; its operations were discontinued.
TenX built a blockchain-based platform for secure, instant cross-border payments, aimed at small and medium-sized enterprises and consumers in high digital currency adoption areas such as Southeast Asia and Europe. Its revenue came from subscription and transaction fees. Founded in 2015 and headquartered in Singapore, TenX raised USD 1.000 mn in Seed funding from investors including FF Estate AG, Fenbushi Capital and Mustedanagic & Plott Brothers, with a stated valuation of USD 10.000 mn. The company discontinued operations as of January 2021.
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