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    PDAX

    Cryptocurrency Trading Platform in the Philippines

    Founded
    2018
    Headquarters
    Taguig City, Philippines
    Stage
    Series B
    Total raised
    US$63M
    From recorded rounds
    Licences
    3
    BSP

    Overview

    PDAX (Philippine Digital Asset Exchange), operated by Fyntegrate Inc., is a BSP-licensed cryptocurrency exchange serving Filipino retail and institutional investors. Founded in 2018, it offers spot crypto trading, a digital wallet, remittance and institutional services, and has expanded into real-world-asset tokenization — launching tokenized Philippine treasury bills and Project Bayani in 2025. It is a BSP-registered Virtual Asset Service Provider, Electronic Money Issuer and Remittance and Transfer Company. PDAX raised a US$50M Series B led by Tiger Global in 2022.

    Mission

    To make financial services safer and more accessible.

    Products

    • Crypto Trading
    • Spot Trading
    • Institutional Services
    • Digital Wallet

    Serves

    Crypto investorsInstitutionsRetail traders

    Funding and ownership

    Total raised

    US$63M

    Sum of recorded funding rounds

    Stage

    Series B

    Investors and shareholders

    Tiger GlobalJump CapitalKingsway CapitalDraper DragonBEENEXTDG Daiwa VenturesUBX VenturesRipple

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Nichel GabaCEO and Co-founder
    • Yang Yang ZhangCo-founder
    • Krystian KucharzykCo-founder

    Licences and certifications

    Awards and recognition

    • Network Accelerator for the Ripple Innovation Award at Ripple Swell 2023 in Dubai

    Developers

    APIs available

    PDAX's official entry point for developer and integration work. Depending on the company it may be public documentation, a sandbox, or a partnership contact.

    Developer and integration access

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