Singapore blockchain startup raised USD 1.2 million in under 3 minutes.

Singapore blockchain startup raised USD 1.2 million in under 3 minutes.

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Singapore, Dec. 05, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire )  “In a gold rush, promote the shovel” – that’s exactly what this Singapore- primarily based blockchain startup is doing to be a focus for traders around the globe.

SUBX FINANCE LAB  ($SFX) is a blockchain-as-a-service supplier for companies to combine web3 applied sciences into their services. The agency gives companies with the instruments to innovate with blockchain, metaverse and decentralised finance expertise.The worldwide blockchain market dimension is predicted to develop from USD 3 billion in 2020 to USD 39 billion by 2025. 60% of CIOs throughout sectors are on the verge of integrating blockchain into their infrastructure.

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Based by tech consultants Adam Ihsan and Joe Kawai, the agency has the imaginative and prescient to drive the efficient adoption of blockchain expertise in a quick and cost-effective method. Their merchandise are easy-to-deploy and will be built-in into current merchandise and processes, permitting companies of all sectors to leverage this new expertise.

Final November, the agency listed an preliminary change providing and was over- subscribed – filling their exhausting cap of USD 1.2 million in mere minutes. They have put collectively a 15-person workforce inside a month, hiring the brightest minds from administration consulting and large tech.

Blockchain improvement is capital intensive, and never all companies have the assets and means to discover this  highly effective   expertise.  The  agency cures this painful downside by providing merchandise that companies can receive at considerably decrease prices. This enterprise mannequin has been termed “blockchain-as-a-service” by business professionals.

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The agency has launched two merchandise and is on schedule to launch ten extra within the coming months. Their merchandise embrace a no-code NFT minting resolution and a no-code platform for companies to create their customized blockchain token. Extra details about their merchandise will be discovered on their whitepaper at

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These merchandise are additionally suitable with the preferred blockchain networks. This consists of the Ethereum community, Binance Sensible Chain, Polygon Community, and the brand new Cronos Chain operated by The agency can be releasing a white-label platform the place companies and people can resell merchandise beneath their very own model.

The agency has its native token, $SFX, which companies should buy to entry its merchandise. People also can buy and stake the tokens, receiving 80% APY in rewards. $SFX will be bought on Pancakeswap and the Probit International Change – and shortly with VISA and MASTERCARD.

In keeping with an interview performed with the CEO, he talked about that the agency would deal with forming high-profile partnerships with enterprises across the globe. They may even tighten the combination of their merchandise, making certain that $SFX performs a central function of their ecosystem – with the intention to super-scale the worth motion of $SFX.

In case you are keen on innovating with blockchain expertise or are an investor/advisor seeking to attain out to the workforce, please get in contact with Adam (CEO) or ZeMin (CMO) within the emails offered under.

Comply with their  TelegramDiscordTwitterInstagramFacebook , and their  official website  and  whitepaper  for extra updates.

Web site:

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SUBX PTE LTD Adam Ihsan adam -at- or ZeMin Chen zemin -at- 

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