8 September 2023
MatchMove Partners with BitDATA Exchange to Transform Corporate Crypto Transactions
Singapore, 8th September 2023 – BitDATA Exchange, a locally compliant cryptocurrency platform, has joined forces with MatchMove, a leading embedded finance enabler, to introduce a next-generation solution that transforms the way businesses manage their digital assets.
As the cryptocurrency landscape evolves, businesses seek efficient solutions to manage their crypto holdings. BitDATA Exchange, a leader in corporate and HNWI crypto services, empowers companies to navigate the digital economy confidently. Through the integration of MatchMove’s MoveFAST product, BitDATA Exchange’s corporate clients gain the ability to instantly top-up and withdraw Singapore Dollars through the FAST Inter-bank network. MatchMove's advanced RESTful APIs ensure seamless and secure transactions, enhancing convenience and streamlining financial operations for businesses.
The global cryptocurrency market cap was valued at over USD 800 billion in 2022 and is expected to expand at a CAGR of 12.5% from 2023 to 2030. Amid this dynamic landscape, BitDATA Exchange has demonstrated its strength with a significant increase in trading volume and user base. In response to this growth trajectory, BitDATA Exchange aims to provide frictionless institutional-grade payment solutions that cater to the diverse needs of its clientele.
Ken Wong, Founder and CEO of BitDATA Exchange, commented, “Our collaboration with MatchMove marks a pivotal milestone for our exchange and esteemed corporate clients. By integrating MatchMove's MoveFAST solution, we're enhancing our offering by providing secure and immediate SGD transfer and withdrawal options. This synergy aligns perfectly with our commitment to delivering seamless crypto services that cater to the unique demands of businesses.”
Amar Abrol, Chief Commercial Officer of MatchMove, expressed enthusiasm for the partnership, stating, “We are thrilled to join forces with BitDATA Exchange to revolutionize corporate crypto transactions. Our MoveFAST product presents a tailored solution that encapsulates simplicity and user-friendliness, aligning perfectly with BitDATA Exchange’s mission. Through this partnership, we envision empowering their clients with an enhanced platform experience that redefines how they manage their digital assets.”
About BitDATA Exchange:
Founded in Singapore in 2019, BitDATA Exchange (BitEx) is centred on security and backed by cutting-edge technology to facilitate efficient high-trading volume. With a corporate bank account for clients to transact against, enhanced by top-notch premium OTC service, BitEx has become the preferred solution for institutions seeking a secure fiat-to-crypto exchange.
The mission of BitEx is to bring true security and compliance into the crypto industry, working closely with the central bank, the Monetary Authority of Singapore (MAS) to help protect the integrity of the digital assets ecosystem by upholding the anti-money laundering (AML) policies and combat the financing of terrorism policies. Our slogan "Regulated . Secure . Professional" reflects the key values and principles we uphold in our daily operations and interactions with clients and stakeholders.
For more information, please contact:
BitDATA Exchange Support Team
Email: service@bitex.sg
Website: www.bitex.sg
About MatchMove:
MatchMove is a leading fintech company, offering a range of innovative financial technology solutions that help businesses streamline their financial processes and improve their overall financial management. The company's solutions include digital banking, payments, card issuance/management and digital commerce for businesses of all sizes, worldwide.
Headquartered in Singapore, MatchMove has operations in 7 countries across Asia.
For media inquiries, please contact:
MatchMove PR team
Email: pr@matchmove.com
Website: www.matchmove.com
