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An announcement from OxPay Financial Limited ( (SG:TVV) ) is now available.
OxPay Financial Limited has received in-principle approval to provide money services in Bhutan’s Gelephu Mindfulness City, aiming to leverage the growing global adoption of crypto payments. The company plans to establish a subsidiary in GMC to offer a comprehensive suite of digital payment services, including crypto-enabled merchant payments and stablecoin-based business remittance services. This expansion is expected to enhance OxPay’s scalability and position it for future regional growth, utilizing a non-custodial, asset-light model to facilitate secure and efficient transactions.
The most recent analyst rating on (SG:TVV) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on OxPay Financial Limited stock, see the SG:TVV Stock Forecast page.
More about OxPay Financial Limited
OxPay Financial Limited operates in the financial services industry, focusing on providing digital payment solutions. The company offers a range of services including card, e-wallet, and crypto-enabled merchant payment services, with a market focus on expanding into regions with supportive digital asset policies.
Average Trading Volume: 1,090,734
Technical Sentiment Signal: Hold
Current Market Cap: S$14.94M
Find detailed analytics on TVV stock on TipRanks’ Stock Analysis page.