TruBit

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TruBit
Type Private
Industry Financial services
Area served Latam, included Brazil
Key people Maggie Wu (co-founder & CEO)
Website trubit.com

TruBit is a global cryptocurrency exchange founded in Mexico.[1] It was founded in 2019 by the name of Mexo with the backing of Galactic Holdings.[2]

In October 2022, the company announced the merger of its exchange platform Mexo, with its TruBit wallet, thus renamiing the company with the name TruBit.[3]

History

TruBit was founded on 20th August 2019, by the name of Mexo with the backing of Galactic Holdings, a leading global blockchain and venture capital incubator for the LATAM market.[4] The company is made up of a team of blockchain leaders in Mexico and LATAM backed by a group of international experts.[5]

In October 2020, the company launched its ambassador program for Mexico, Argentina, Venezuela, El Salvador, Colombia, and the rest of Latam, not including Brazil, only Spanish speaking countries[6] In addition, Mexo launched the first trading academy in Spanish which was completely free.[7] In November 2020, Mexo launches Paper Trading contest for new users in Latin America[8]

In Jun 2021, Mexo partnered with Moneta Digital, the first stablecoin pegged to Mexican Peso (MMXN).[9] In August 2021, Mexo celebrates the 1st anniversary, and partnered with over 10 projects including DeFi, GameFi and third party partners and media friends celebrated the first year of Mexo.[10]

In November 2021, the company announces its participation as a sponsor of the ninth edition of the Latin American Bitcoin & Blockchain Conference (LaBITConf), which will be held from November 15 to 20.[11]

In October 2022, Mexo worked on the creation of a Crypto wallet under the name of TruBit Wallet.[12] On October 3rd, Mexo announced the merger of its Mexo exchange platform with its TruBit wallet and renamed the company with the name "TruBit".[13]

References

  1. "TruBit Pro, una nueva plataforma cripto para LATAM" bitcoin.com.mx, 5 August, 2022.
  2. "Trubit Pro Nueva Plataforma Criptomonedas America Latina" es.beincrypto.com, 10 August, 2022.
  3. "TruBit Pro busca competir con Bitso impulsando stablecoin vinculada al peso mexicano" bloomberglinea.com, 3 October, 2022.
  4. "Mexo Exchange conquista al mercado latinoamericano en su 2do año de operaciones" lifeinbits.net, 3 October, 2022.
  5. "La innovación tecnológica lleva al desarrollo de la humanidad”: Maggie Wu en Blockchain Land Nuevo León 2022" talent-republic.tv, 5 October, 2022.
  6. "Blockchain Land Nuevo León 2022, el mayor evento blockchain en español" territoriobitcoin.com, 6 October, 2022.
  7. "Mexo Exchange alcanza 100 mil usuarios y aumenta 400% su oferta de criptos" fintechlatinoamerica.com, 20 August, 2021.
  8. "Exchange mexicano lanza concurso de Paper Trading para nuevos usuarios en Latinoamérica" es.cointelegraph.com, 24 November 2020.
  9. "MMXN - The First Operational Stablecoin Backed 1:1 to the Mexican Peso" markets.businessinsider.com, 21 July, 2021.
  10. "Mexo Exchange celebra un año de operación en México" es.cointelegraph.com, 20 August, 2021.
  11. "Mexo Anuncia Su Participación Como Patrocinador Del Evento Labitconf En El Salvador" diariomomento.com, 21 November 2021.
  12. "Maggie Wu se presentó en Blockchain Land Nuevo León 2022" es.cointelegraph.com, 8 October, 2021.
  13. "Anuncian el lanzamiento de TruBit; nuevo ecosistema cripto para América Latina" criptoinforme.com, 8 October, 2021.

External links