Hong Kong, February 17, 2025 – EX.IO, a licensed Virtual Asset Trading Platform, and TruBit (Galactic Holdings Inc.) have entered a strategic partnership to drive the development of accelerating the global compliant virtual asset innovations and adoption. The collaboration was formalized through the signing of a Memorandum of Understanding (MoU).
EX.IO, operated by Thousand Whales Technology (BVI) Limited, is a Hong Kong-based virtual asset exchange that received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate as a licensed virtual asset trading platform in December 2024. Backed by Valuable Capital Group, Hong Kong’s second-largest internet brokerage, EX.IO is committed to bridging the gap between Web2 and Web3 investors.
TruBit is a leading platform revolutionizing the integration of fiat and crypto through innovative payment and trading solutions. With offerings like TruBit Business for cross-border transactions, TruBit Pro for advanced trading, the versatile TruBit Wallet and Mastercard TruBit card, it simplifies financial operations. Backed by Galactic Holdings, which holds regulatory licenses in the U.S., Mexico, Argentina, and Peru, TruBit ensures secure and compliant services across LATAM, the U.S., Hong Kong, and Europe.
“Partnering with TruBit marks a significant milestone for EX.IO as we begin our journey toward global presence. We are excited to explore innovative approaches to global adoption with TruBit, transforming virtual assets from an alternative investment into a mainstream option through education, seamless transactions, and smooth user experience,” said Chen Wu, Co-Founder and CEO of EX.IO.
This partnership underscores the growing synergy between two compliant virtual asset trading platforms and the emerging global compliant ecosystem, setting the stage for innovation in the global adaptation landscape.
Maggie Wu, CEO and Co-Founder of TruBit, highlighted, “we are delighted to partner with EX.IO to accelerate the adoption of innovative and compliant virtual asset solutions on a global scale. At TruBit, our mission is to bridge the gap between traditional finance and the crypto ecosystem by delivering secure, innovative, and seamless services. This collaboration represents a significant step towards empowering businesses and users worldwide to embrace the future of finance with confidence and trust.”
About EX.IO
EX.IO is a Hong Kong SFC-licensed Virtual Asset Trading Platform that bridges traditional finance and digital assets. Backed by prominent investors including Valuable Capital Group Ltd, Longling Capital Ltd, and VCREDIT Holdings Limited (HKG:2003), we deliver professional, secure, and compliant trading solutions to professional investors and institutions. EX.IO is committed to providing the most trusted gateway for traditional financial investors entering the virtual asset space.
For more information, please visit: www.ex.io
About TruBit
TruBit, established in LATAM in 2020, is a comprehensive global crypto platform built on two core pillars: payments and trading. At its forefront is TruBit Business, delivering compliant cross-border payment solutions that seamlessly integrate fiat and crypto for businesses. For trading, TruBit Pro provides advanced tools for experienced traders, while the TruBit Wallet supports easy conversion and Earn+ features. The Mastercard TruBit card enables convenient crypto spending.
TruBit operates in key LATAM markets like Mexico, Argentina, Brazil, Colombia, Chile, and Peru, as well as in the U.S., Hong Kong, and Europe, holding the necessary regulatory licenses in each country, including U.S. (MSB), Mexico (VASP), Argentina (PSP, VASP), and Peru (VASP). Its commitment to innovation, security, and compliance bridges the gap between fiat and crypto, empowering businesses and users globally.
For more information, please visit: www.trubit.com
Disclaimer:
The content contained herein is for informational purpose only. Virtual asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and EX.IO is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Past performance is not a reliable indicator of his/her future performance. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice.
