Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, recently announced it will acquire Vigor Crypto Holdings, a cryptocurrency firm, as a wholly owned subsidiary under Xalles Capital Inc. Xalles notably claims that Vigor Crypto has been enhancing its cryptocurrency trading strategies using trading engines (or “bots”).
Xalles further revealed that it has been working with Vigor Crypto since June 2020 to develop trading strategies in test environments with a variety of cryptocurrency pairs. Speaking about the acquisition, Xalles Holdings Chief Executive Officer, Thomas Nash, stated:
“The acquisition of Vigor Crypto Holdings enables Xalles to gain instant trading access including Bitcoin and Chainlink cryptocurrencies. We are so pleased with the trading results Vigor Crypto has achieved that we expect to increase company revenue and profit by licensing our IP with potential customers by demonstrating our in-house results.”
Founded in 2002, Xalles describes itself as a fintech holding company that specializes in payment solutions and related businesses. Through its core services, Xalles claims it has “high growth opportunities” through its balance sheet holdings, combined with recurring revenue streams for progressive incomes.
Primary Service Offerings include:
- Pre-Payment & Post-Payment Auditing (PPA)
- Investment & Financing System (IFS)
- Financial Transaction Reconciliation (FTR)
Xalles further explained:
“For targeted investments, Xalles selects companies that have anchor customers, the right plan to capture the emerging target market, an exit strategy, and can leverage Xalles’ industry expertise to add value and accelerate the rollout of their products and services.”
Xalles forms a partnership with the investee companies, and while meeting their needs, also shares in their success.