XREX Secures 600 Million Yuan Investment from Tether What are their Next Steps in Collaborating on Regulatory Technology Products

XREX Exchange Secures $60 Million Strategic Investment in Pre-A-2 Round
Tether, the leading issuer of the stablecoin USDT, has announced a strategic investment of $18.75 million in XREX Group, equivalent to approximately NT$600 million. This collaboration aims to drive innovation in the digital asset industry, accelerate the use of Tether’s USDT for cross-border payments in emerging markets, and invest in regulatory technology (RegTech) innovation.
This investment marks XREX Group’s Pre-A-2 round. Since its founding in 2018, XREX has raised $7 million in seed funding, $17 million in Pre-A-1 funding, and now with Tether’s investment in the Pre-A-2 round, XREX Group has successfully raised over $42 million before Series A.


Tether currently generates over $4.5 billion in quarterly profits and holds over $90 billion in U.S. Treasury bonds. The global circulation value of its stablecoin USDT exceeds $100 billion, making it a leader in the cryptocurrency industry.
Paolo Ardoino, CEO of Tether, stated: “Tether’s strategic investment in XREX Group demonstrates our unwavering commitment to promoting inclusive finance in emerging markets. By partnering with XREX, we will lead more breakthrough innovations, including the issuance of a unique unit currency by the Unitas Foundation, and popularize cross-border payments based on USDT, setting new benchmarks for financial inclusion and transaction efficiency in emerging markets. Tether’s long-term vision is to build a robust infrastructure that extends beyond the cryptocurrency market, which is also reflected in this latest investment, just as our diversified investments span different industries.”
With the funding from Tether, XREX will further cultivate its presence in emerging markets and promote compliant enterprise-level (B2B) cross-border payments, using USDT as the core foundation. This will provide businesses with more convenient, efficient, and cost-effective services, driving the transformation of financial transactions in emerging markets.
In addition, XREX will collaborate with the Unitas Foundation to launch XAU1.
XAU1 is a unit currency backed by excess reserves of Tether Gold and pegged to the value of the U.S. dollar. It provides stablecoin users with a robust financial alternative and serves as a hedge against inflation.
The collaboration between the two parties will also promote innovative products and services in regulatory technology, strengthening the detection and prevention of illegal activities involving stablecoins. Tether’s commitment to fulfilling financial due diligence governance aligns with XREX’s mission to create a safe, smooth, and trustworthy environment for cryptocurrency users in emerging markets, with both parties sharing highly consistent goals.
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Strong Investor Lineup for XREX
Huang Yaowen, Co-founder and CEO of XREX, stated that Tether and XREX have previously collaborated to assist law enforcement agencies in identifying, arresting, and prosecuting criminals. Under the strong support and investment from Tether, these successful experiences will extend to the development of regulatory technology products, further deepening XREX Group’s position as a responsible financial institution.
XREX Co-founder and Chief Revenue Officer, Hsiao Hui-Tsung, also mentioned that this capital increase includes the issuance of ordinary shares to team members, aiming to attract top talent to join XREX.
This inclusive financial movement driven by stablecoins will bring long-term and positive changes to existing international clearing and settlement systems.
XREX’s investor lineup includes the National Development Fund under the Executive Yuan, China Development Financial Holding Corporation, SBI Investment, Yuanta Ventures, ThreeD Capital, Inception Capital, Wistron Corporation, and New Economy Ventures, among others. With the addition of Tether, the world’s leading stablecoin issuer, the future development of XREX becomes even more promising.
Recently, XREX obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). At the same time, XREX in Taiwan has also completed the Anti-Money Laundering compliance statement of the Financial Supervisory Commission, qualifying as a compliant operator.
The announcement of this investment further demonstrates Tether’s relentless efforts to promote the adoption of cryptocurrencies in global emerging markets, providing solid support to vulnerable groups who share Tether’s vision of creating a more interconnected and inclusive financial environment but have not had access to sufficient services.