N7 Capital to Invest in Currency.com
- Editor
- Apr 29
- 1 min read
Whats Happening:
N7 Capital, a private equity fintech group, has signed a Letter of Intent with an investor representing CXNEST LTD, the owner of Currency.com. The agreement explores a potential investment and stake acquisition in Currency.com, a digital finance platform offering crypto trading, asset custody, and payment solutions. This move aligns with the growing trend of fintech investments bridging traditional finance and the digital asset economy.
Key Moves:
N7 Capital signs LOI to explore investment in Currency.com
Anton Chashchin expected to join CXNEST LTD board after stake acquisition
Currency.com undergoing strategic repositioning and expanding regulatory footprint
Key Quotes:
"This is about more than capital — it's about helping a strong digital finance business accelerate through a period of long-term value creation," said Anton Chashchin.
"Anton Chashchin, Founder and CEO of N7 Capital, is expected to take on a non-executive role on the Board of CXNEST LTD after the stake acquisition has been finalised," said Konstantin Anissimov, Currency.com's CEO.
Bottom Line:
N7 Capital's potential investment in Currency.com signals confidence in the platform's long-term market potential and its ability to evolve into a broader financial services provider. This move could strengthen Currency.com's governance, strategic direction, and ability to attract sophisticated clients, potentially paving the way for future institutional funding rounds and international expansion.
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