Crypto exchange Philippine Digital Asset Exchange, also known as PDAX, closed a $50 million Series B funding round led by private equity giant Tiger Global.
-via Coindesk
It started last started in August, when the company raised $12.5 million. Founded in 2018, PDAX wants to make crypto accessible to the over 100 million residents of the Philippines. The funding will go "towards building safe and accessible infrastructure for the digital asset economy," according to CEO and founder Nichel Gaba.
It is nice so see that my country is also starting to do moves towards crypto. Though, I am hoping that our Government won't tax it too much (coz I see they will)
