Acquisition

xPortal acquisition news – xPortal Acquires Berlin-based Alphalink

Jan 25, 2025 | By Kailee Rainse

xPortal, an AI-powered decentralized finance app, has acquired Alphalink, a Web3 startup from Berlin. This acquisition adds new technology to xPortal’s tools, making crypto and financial investing easier.

SUMMARY

xPortal, an AI-powered decentralized finance app, has acquired Alphalink, a Web3 startup from Berlin.
xPortal is an all-in-one financial app for managing money. With debit cards, you can easily switch from crypto to cash in seconds.

It is a network of specialized DeFAI agents that work automatically to simplify complex tasks, making onboarding and using the app easier. It offers features like on-off ramps, cross-chain trading, staking, Web3 dApp integration, and Mastercards for everyday payments.

The acquisition is aimed at strengthening xPortal's team with more engineering and entrepreneurial expertise.

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Sergiu Biris, Co-founder and CEO of xPortal said, “Marko and Mohit’s experience in building and scaling world-class fintech products aligns perfectly with xPortal’s mission to make crypto easy to use and accessible to everyone. Their expertise strengthens our vision of blending crypto and AI with real-world utility. I’m extremely excited about what we’re going to be building together in the years to come.”

Beniamin Mincu, Co-founder and CEO of MultiversX added: “Through the acquisition of Alphalink, xPortal is taking a bold step towards the future. One where crypto is merging with AI to deliver the best experiences to everyday users. xPortal started as a core part of MultiversX and, driven by this team of world class founders, is now becoming independent, creating its own story. I believe xPortal is poised to drive global crypto adoption, bringing unparalleled value to its users and the broader Web3 space.”

About xPortal

xPortal is an all-in-one financial app for managing money. With debit cards, you can easily switch from crypto to cash in seconds. You can buy, sell, stake, and swap crypto across different blockchains, all from your non-custodial wallet, and spend it using your debit card.

You can also explore a range of dApps in Web3, enjoy interactive quests, earn prizes from mystery boxes, and have fun with AR experiences alongside your friends.