Singapore’s crypto wallet firm X Infinity raises $20.5m in private sale

Bitcoin, cryptocurrency & electronic finance

Singapore-based fintech company X Infinity has raised $20.5 million in a private sale round, exceeding its $18 million target, to create a crypto currency wallet for handling transactions globally, the company announced.

The company is preparing to launch a physical debit card by the fourth quarter of 2018, which will complement the transactions. The card will be able to transact at all major global ATMs and outlets.

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