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SatSimple Ltd acquire European Crypto Exchange PolyX

Wednesday 5 February, 2020

London – (5th February 2020) SatSimple the UK provider of next generation
integrated Bitcoin services has announced the acquisition of PolyX, an EU regulated
crypto exchange and secure wallet provider.












“PolyX’s technology platform, their unique risk based approach and regulatory
status fits perfectly into SatSimple’s strategic build plan for delivering
innovative and secure Bitcoin services to customers in the crypto asset space.



It is one of a number of acquisitions planned in the lead into SatSimple’s
launch later in 2020. The mission of SatSimple is to provide the next
generation of integrated Bitcoin services that are, less complex, more secure,
and highly transparent” commented John Clifford, SatSimple’s Head of
Communications.


Stanislav Chernukhin, CEO of PolyX added “ this acquisition recognises
PolyX’s success in developing a compelling and innovative technical platform.
We are excited to be part of SatSimple’s vision and to join their seasoned and
highly experienced team”.

About PolyX: Launched in Nov 2018, Polyx is a centralized exchange based in
Estonia. The Polyx platform includes a secure wallet for storage and an exchange for
trading Cryptocurrencies.


PolyX is regulated in the EU for the provision of Crypto/FIAT exchange services and
for providing a virtual currency wallet service. PolyX’s unique risk-based approach
makes it the easiest and safest way to buy Bitcoins in Europe.


About SatSimple: SatSimple Limited is a UK registered company providing
innovative and secure integrated customer solutions for actively managing
Cryptocurrency assets.


For more information: jclifford@satsimple.io



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