World-renowned cryptocurrency expert Michael Terpin has joined XREX as an advisor. Terpin is a serial entrepreneur experienced in media, early-stage investment, blockchain, and tokenomics design. He will advise XREX on business strategies, public relations and marketing approaches as XREX launches advanced, blockchain-based financial solutions to emerging economies.
Recognized as ICO Alert’s Top Blockchain Influencer, and Cointelegraph’s Top 100 People, Terpin is Founder and CEO of Transform Group, a leading advisory firm for the blockchain industry. With more than 300 customers since 2013, Terpin’s clients include Abra, Augur, Bancor, Ethereum, Golem, ICX, Kraken, Maidsafe, Neo, OKEx, Radix, Ripple, Qtum, Telos, and Tether.
“The existing financial system in emerging economies is not inclusive enough to accommodate everyone’s needs. XREX is a bold and innovative startup using blockchain and advanced technologies to solve this long-lasting issue.” said Terpin, “XREX leverages more mature banking systems in developed countries to offer crypto and fiat services to emerging economies. I’m happy to lend my guidance to XREX, and am very excited to be a part of an impactful mission.”
Terpin co-founded BitAngels, the world’s first angel network for digital currency startups, in May 2013, and has since expanded BitAngels to 15 city chapters. He is also a General Partner to Tradery Capital, an algorithmic trading fund for digital assets, and a Limited Partner and Senior Advisor to Alphabit Fund, a leading international digital currency fund. Terpin is also Co-founder and Chairman of Aspire, a leading digital asset creation platform, which has grown to $50 million in market cap across its platform tokens ASP and GASP in under 6 months.
Additionally, Terpin is Chairman and Co-founder to Content Syndicate, a collection of vertical market newswires, including Blockchain Wire. Previously, Michael founded Marketwire (now Globe Newswire), one of the world’s largest company newswires, which was acquired in 2006, later sold to NASDAQ for $200 million, and ultimately to Intrado Digital Media, a division of Apollo Global Management (NYSE: APO). He also co-founded Direct IPO, one of the earliest equity crowdfunding companies, in 1996.
“Mr. Terpin is an excellent addition to the XREX Advisory Board. He brings his in-depth knowledge of both the global financial industry as well as the blockchain industry, his expansive network of resources, and his many years of digital asset experience,” said Wayne Huang, co-founder and CEO of XREX.
XREX has received investments from the Taiwanese government and international investors from the US, Canada, Estonia, Singapore, and Taiwan to further develop its flagship products, including the XREX fiat-crypto exchange, BitCheck online escrow service, and social-based global transaction network.
We are proud to have Mr. Terpin join the XREX team! The synergy between Terpin and XREX will open a new chapter for the crypto movement. We are working hard to strengthen financial inclusion in emerging economies, like India, Africa, South America, the Middle East, and beyond. On the path to realizing its vision of building socially-enabled inclusive financial access, XREX is honored to have the support and guidance from Mr. Terpin as an advisor.