What is StraitsX?
StraitsX operates as a regulated infrastructure provider for stablecoin payments, issuing XSGD, XUSD, and XIDR to cater to global fintechs and institutions. The platform is designed for instant money transfers, card issuance, and QR payment solutions, all within a licensed framework overseen by the Monetary Authority of Singapore. This regulatory compliance ensures security and scalability for high transaction volumes, positioning StraitsX as a key enabler for businesses seeking robust and compliant payment solutions.
How much funding has StraitsX raised?
StraitsX has raised a total of $10M across 1 funding round:
Unspecified
$10M
Unspecified (2025): $10M with participation from Uqpay Technology and NTT DOCOMO
Key Investors in StraitsX
Uqpay Technology
Uqpay Technology is a global digital payment solution provider offering comprehensive online and offline payment processing, smart account management, and customizable card solutions across over 200 countries. They focus on enterprise-grade security and seamless integration for financial efficiency.
NTT DOCOMO
NTT DOCOMO, a major Japanese telecommunications company, provides a wide range of services including wireless internet, LTE telephone networks, and NFC infrastructure, contributing to the digital and financial infrastructure.
What's next for StraitsX?
The recent major strategic investment signals a new phase of growth and expansion for StraitsX. This capital infusion is likely to accelerate the development of its regulated stablecoin infrastructure, enhance its payment solutions, and broaden its market reach. StraitsX is poised to further solidify its position in the global fintech ecosystem, empowering more businesses with efficient and secure digital payment capabilities.
See full StraitsX company page
