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Murtuza Merchant

YOU WONT BELIEVE: Crypto bank mineplex secures 100m from gem digital to develop new banking technologies - What They Never Told You

GeM Crypto Singapore Mastercard Visa

Singapore-based crypto and digital bank, MinePlex, on Tuesday announced it has received $100 million in funding from digital asset investment firm GEM Digital Limited (GEM), which will be used to expand its global footprint and develop new banking technologies.

GEM is a $3.4 billion Bahamas-based alternative investment group that sources, structures, and invests in utility tokens listed on over 30 cryptocurrency exchanges.

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