StraitsX

Based in Singapore, StraitsX provides regulated stablecoin solutions, enabling secure payments and compliant transactions for institutions, exchanges, and fintech companies in the digital finance landscape. StraitsX was founded in 2020 and operates from Singapore. The company focuses on stablecoin services and has completed 1 deal. In October 2025, StraitsX raised USD 10 mn in a funding round from investors including NTT DOCOMO Ventures.

This funding brought the total amount raised to USD 10 mn. The company's operations remain centered around stablecoin innovations. StraitsX specializes in a comprehensive suite of stablecoin-related services, especially for institutional clients. Their primary products include XSGD, XUSD, and XIDR stablecoins, which facilitate secure, compliant transactions in real-world payments.

The company enables clients to accept and send payments, issue payment cards, and process QR payments, enhancing cross-border payment solutions for a global clientele with a focus on Asia. StraitsX generates revenue through transaction fees related to stablecoin exchanges and payment processing services. Their revenue model includes fees for transactions using stablecoins, alongside charges for card issuance and payment solutions. The company's flagship products, such as XSGD, underpin its transaction infrastructure, enabling streamlined payments and settlements while ensuring high compliance and security standards.

In October 2025, StraitsX raised USD 10 mn to enhance its stablecoin-to-fiat capabilities. The company plans to utilize this funding to expand its footprint in Asia's digital payments landscape, potentially targeting new markets for its services. As part of its growth strategy, StraitsX is focused on introducing new products designed to improve payment solutions, aiming for release in conjunction with expansion efforts.