XEROF expands its financial offerings, launches web3 finance services bundle
XEROF, a Swiss cryptoasset fintech, announced the launch of its web3 services platform. Its new offerings, including third-party payments and investment solutions, are designed to reduce the frictions between digital and fiat currencies for web3 and crypto-native companies, in particular those who struggle to access fiat banking services.
Web3 businesses must adjust to constantly changing market conditions in their treasuries of digital and fiat currencies. XEROF's new payment service processes fiat or cryptocurrency payments for clients and sends them to any global third party, typically on the same day. This eliminates the need for web3 companies to maintain fiat bank accounts, which are often challenging to establish and maintain.
Many startups face liquidity challenges when receiving funding in cryptocurrency since day-to-day operations often require fiat payments, and it’s getting harder to find bank providers accepting cryptoassets. XEROF provides the necessary liquidity and helps onboard investors in their chosen currency.
"The web3 industry is still in its early stages of development and growth. To ensure its maturation, there is a need for solution providers who can support web3 companies in their day-to-day operations," said Marc Taverner, CEO and co-founder of XEROF. "This often involves building solutions that are not flashy and ‘exciting,’ but are reliable and foolproof. XEROF's on/off-ramp offerings help bridge the gap between the traditional financing world and the new web3 one. At XEROF, we firmly believe that the merging of these two worlds is crucial for the future development of the entire sector."
Following strong results in 2022 and 2023, XEROF announced more offerings targeted at web3 companies to seamlessly operate between web2 and web3 financial markets.
XEROF was recently recognised as a finalist in the Paris Blockchain Week Awards in the Best Regulatory Innovation category. Learn more here.
About XEROF
XEROF is a leading Swiss fintech specialising in cryptoassets. With extensive liquidity in fiat and digital currencies, we process seamless cross-border and cross-currency payments and exchanges for enterprises worldwide. Our mission is to reduce the friction faced by crypto-native companies and other organisations by bringing efficiency to their financial operations. Founded in 2020, XEROF is regulated as a Virtual Asset Service provider, supervised by the Financial Services Standards Association (VQF). In partnership with Swiss private banks and tier-1 partners, we offer financial services in compliance with Switzerland’s AML/CFT regulations. To learn more, visit xerof.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240415458868/en/
Contact information
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors6.1.2025 20:59:00 CET | Press Release
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025. Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe’s upcoming 2025 Annual Stockholders Meeting. They will both be transitioning their Board responsibilities over the coming months. President and CEO, Mr. David Mansfield commented, “Ms. Boiter has been a valued Board member since 2019, providing significant insight and support to the Company, particularly in the areas of corporate governance and financial management. "Mr. Walker has been a long-time member of our Board, joining in 2014 and assuming the Chairmanship in 2022. He has helped guide the Company and the Board through significant strategi
ROYC AB Appoints Caspar Macqueen as Head of Business Development to Lead the Next Phase of Growth6.1.2025 20:23:00 CET | Press Release
ROYC, the global leading Platform-as-a-Service for alternative investments is pleased to announce the appointment of Caspar Macqueen as its new Head of Business Development. This strategic hire comes as ROYC prepares to scale significantly following the proven success of its platform, as evidenced by testimonials from some of the most demanding financial institutions across Europe. With an impressive career spanning close to 10 years in fintech and SaaS companies including recently as Head of UK & MEA Business Development for BlackRock Aladdin Alternatives, Caspar brings domain expertise in scaling tech driven sales organisations. At ROYC, he will be responsible for expanding the company’s solutions tailored to private equity General Partners (GPs) and financial intermediaries, including banks, wealth managers, and multi-family offices. “We are delighted to welcome Caspar to the ROYC team,” said Mathias Leijon, Founder and President of ROYC. “His deep expertise in scaling fintech sales
Watlow® Welcomes Klaus Aarestrup as New Regional President of Europe6.1.2025 19:57:00 CET | Press Release
Watlow®, a leading provider of industrial technology and thermal systems, welcomes Klaus Aarestrup as its new regional president of Europe. Reporting directly to Rob Gilmore, Watlow’s chief executive officer (CEO), Aarestrup is responsible for the growth and profitability of Watlow in Europe. He is a member of Watlow’s executive team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106930691/en/ Klaus Aarestrup, Watlow's new Regional President of Europe (Photo: Business Wire) The regional president of Europe is a new and critical role at Watlow, and some of Aarestrup’s specific responsibilities include the structure, design and execution of the Europe region’s commercial, marketing and customer strategy, including successful growth with Watlow’s customers and sales partners. He will also link local customers’ engineering and supply chain teams in-region with key leadership, technical and manufacturing resources globally to
Hero MotoSports Team Rally Successfully Completes Stage 2 at Dakar 20256.1.2025 18:50:00 CET | Press Release
Hero MotoSports Team Rally, the motorsport team of the world’s largest manufacturer of motorcycles and scooters - Hero MotoCorp, has successfully completed the second stage at the Dakar Rally 2025 that featured the notoriously challenging 48H Chrono this year at the world’s toughest rally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106205373/en/ Hero MotoSports Dakar Rally Stage 2 (Photo: Business Wire) The Botswanan hero Ross Branch delivered an impressive performance, finishing the stage with the 5th fastest time. His teammate, Nacho Cornejo also demonstrated remarkable resilience, securing the 12th place. With this result, Ross maintains his 3rd position in the overall rankings, a mere 4 seconds behind the second-place holder. Nacho has also been showcasing a strong performance since the start of the race, and now holds an impressive 9th overall position in the rally. The Hero 450 Rally has been showing remarkable
Neural Concept and OPmobility Announce Partnership and Demonstrate New AI-Driven Designs for Hybrid, Hydrogen and Complete Vehicles Bodies at CES 20256.1.2025 17:45:00 CET | Press Release
CES --Neural Concept, the leading end-to-end 3D AI platform that transforms product development and design with ‘Engineering Intelligence,’ today announced their partnership with OPmobility, a world-leader in sustainable mobility and a technology partner to OEMs. Neural Concept and OPmobility will unveil a range of AI-driven automotive innovations from their partnership at the OPmobility booth (West Hall) at CES 2025 in Las Vegas (7-10 Jan). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250103385817/en/ End-to-end 3D AI platform Neural Concept and sustainable mobility leader OPmobility partner to bring ‘Engineering Intelligence’ to complex automotive challenges and EV design (Photo: Business Wire) The partnership with Neural Concept has enabled OPmobility to seamlessly integrate 3D generative AI into its product development process, accelerating automotive innovation, enhancing design robustness and reducing both cost and t
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom