BANXA (TSX-V:BNXA, OTCQX:BNXAF) Holdings Inc, the world's first listed payment service provider (PSP) and RegTech platform for the digital assets industry, has announced its February 2022 total transaction values (TTV), recording US$76 million (AU$106 million), up 48% year-on-year, which it said was in line with the general market trends.
In February, BANXA (TSX-V:BNXA, OTCQX:BNXAF) processed over 127,000 transactions and added five new partners, including TokenPocket and ApolloX.
The company also added two new fiat currencies to now support a total of 32 fiat currencies enabling seamless access to digital currencies through multiple payment methods.
READ: BANXA Holdings delivers 2Q revenue of A$28M as transaction volumes surge thanks to new coins, payments
"The crypto ecosystem is ever-changing, and BANXA (TSX-V:BNXA, OTCQX:BNXAF) is ideally positioned to continue its accelerated growth in the market,” CEO Holger Arians said in a statement. “We are delighted to welcome our new partners, providing support for more coins and fiat currencies every month."
Banxa revealed that it also secured a cryptocurrency custody registration from the Dutch National Bank (DnB) which allows it to hold custody of Bitcoin, Ethereum and other cryptocurrencies on behalf of its customers. This registration adds further to its focus on acquiring digital currency exchange and custody licences around the world, the company added.
Banxa powers the world's largest digital asset platforms by providing payments infrastructure and regulatory compliance across global markets. The group is headquartered in Melbourne, Australia, with European headquarters in Amsterdam.
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