VNX, a leading European platform for tokenized assets, is pleased to announce the listing of VNX Euro (VEUR) and VNX Swiss Franc (VCHF), on the PointPay exchange.This listing leverages the Stellar network, a high-performance blockchain, to provide enhanced speed and security for cross-border digital transactions.
PointPay, recognized as a Top 30 Exchange overall on CoinMarketCap and trusted by over 3 million active users across 200+ countries, offers a comprehensive digital ecosystem where VNX users can now leverage the exchange’s high liquidity, advanced trading tools, and competitive staking options, to enhance their financial strategies and explore diverse crypto opportunities.
In line with its commitment to provide accessible financial services, PointPay is set to launch the PointPay Telegram App (TMA) in Q4, an application embedded directly within Telegram that enables users to seamlessly access PointPay services through the popular messaging platform. Telegram Apps have become a major trend in 2024, driven by Telegram’s exponential growth toward nearly 1 billion users worldwide. This innovative app launch further strengthens PointPay’s user accessibility and integration within digital environments.
VEUR and VCHF tokens are fully backed by reserves, combining the dependability of traditional fiat currencies with blockchain’s transparency and efficiency. Designed for secure, low-cost transactions, these tokens are suited for cross-border payments and the evolving demands of DeFi. VCHF, one of the few Swiss franc-referencing tokens on the market and the only one which is fully transferable, provides users with a digital asset tied to a globally trusted currency. Meanwhile, VEUR offers a versatile solution for euro-based digital transactions, supporting the dynamic needs of users in an increasingly digital economy.
Leveraging the combined strengths of the Stellar technology and PointPay’s exchange platform, VEUR and VCHF offer PointPay users high-speed, low-cost, and reliable transaction options, showcasing the robust infrastructure supporting these digital assets.
“We are excited to see VEUR and VCHF featured on PointPay’s exchange, bringing reliable, fiat-referenced assets to a growing digital audience,” stated Alexander Tkachenko, CEO of VNX. “Powered by the Stellar network, this integration enables us to broaden the accessibility of VEUR and VCHF, bridging the gap between traditional finance and the digital economy.”
Adding to this, Vladimir Kardapoltsev, CEO of PointPay, commented, “VEUR and VCHF bring powerful fiat-backed stability options to our users. Their addition strengthens our commitment to delivering versatile, trusted financial assets globally.”
This collaboration showcases the unique value of the Stellar network – enabling secure, low-cost, and instant cross-border transactions,” said Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation. “By powering VEUR and VCHF on the PointPay platform, we’re delivering tangible benefits to users who need stable, efficient digital financial solutions.
About VNX:
VNX (vnx.io) is a digital platform for tokenizing RWA, licensed by the Liechtenstein Financial Market Authority (FMA). VNX generates tokens referencing two most popular European fiat currencies – VNX Euro (VEUR) and VNX Swiss Franc (VCHF) that combine the advantages of traditional fiat currencies with the convenience of crypto, enabling quick, low cost and 24/7 accessible cross-border payments and opening vast DeFi opportunities. Notably, VCHF stands out as one of the few Swiss franc referencing tokens available on the market today. VNX has also presented the first European gold-backed token – VNX Gold (VNXAU) that represents individual ownership of physical gold. VNX Gold provides the same benefits as an investment in physical gold, such as a store of value, protection against volatility and inflation, and high liquidity – with complete digital convenience and freedom. VNX tokens are multichain and currently available on Stellar, Ethereum, Polygon, Avalanche, Solana, Tezos and Q blockchains, with more to come.
VNX serves as a gateway to crypto for investors, offering seamless on/off-ramp options through the VNX platform (https://invest.vnx.li/join), which supports various fiat and cryptocurrencies, including BTC, ETH, USDC, CHF, and EUR. It also facilitates card payments and online banking. VNX is revolutionizing the payment infrastructure for cross-border peer-to-peer transfers and micropayments by integrating with traditional financial institutions and building a robust liquidity layer across different blockchains and decentralized applications (dApps).
VNX publishes independent auditors’ reports that confirm the value of reserves supporting the tokens on a regular basis as well as useful information about tokens in the VNX Transparency section on its official website.
PointPay is an advanced cryptocurrency ecosystem designed to simplify digital finance. It provides diverse services, including trading, staking, savings, and an intuitive P2P platform, enabling a safe, efficient, and globally accessible experience.
About Stellar
The Stellar network is a decentralized, fast, scalable, and uniquely sustainable blockchain built for financial products and services. It offers builders smart contracts functionality and a protocol optimized for payments, with a design intended to keep fees low and to provide transaction speeds that can scale with increased adoption. Financial institutions and innovators worldwide issue assets and settle payments on the Stellar network, which has processed more than 17 billion operations with millions of addresses since the network was first launched.
