xPortal Acquires Alphalink to Drive Innovation at the Intersection of AI and Crypto
xPortal,
the
AI-powered
DeFi
super-app,
has
acquired Alphalink,
a
Berlin-based
Web3
startup
recognized
for
delivering
delightfully
simple
crypto
experiences
through
its
mobile
app.
The
acquisition
marks
a
major
milestone
in
xPortal’s
goal
to
simplify
crypto
and
financial
investing.
With
over
2.5
million
users
and
a
4.8-star
rating
from
70K+
app
store
reviews,
xPortal
combines
crypto,
real-world
functionality,
and
AI
into
a
single,
user-friendly
mobile
app.
xPortal
launched
in
2023
as
the
wallet
for
the
MultiversX
blockchain
(prev.
Elrond)
and
quickly
expanded
into
multi-chain
territory,
integrating
Bitcoin,
Ethereum,
Solana,
Polygon
and
more.
As
part
of
its
growth
strategy,
xPortal
is
raising
capital
in
an
anticipated
oversubscribed
round
while
making
a
full-scale
push
into
AI,
expanding
into
the
U.S.
and
launching
a
native
token
to
its
ecosystem.
Active
xPortal
users
will
also
benefit
from
lucrative
opportunities
that
will
further
fuel
the
ecosystem.
Empowered
Leadership
Through
the
acquisition,
xPortal
brings
seasoned
FinTech
and
crypto
innovators Marko
Bradic as
Co-founder
and
Chief
Product
Officer
(CPO)
and Mohit
Tilwani as
Co-founder
and
Chief
Technology
Officer
(CTO)
to
complement
the
dream
team
together
with
Sergiu
Biris,
Co-founder
and
CEO
of
xPortal.
-
Marko
Bradic (ex-CEO
of
Alphalink)
previously
scaled
Trade
Republic
–
the
$5B
European
Robinhood
backed
by
Sequoia
–
to
4
million
users,
€180
million
in
annual
revenue,
and
€35
billion
in
AUM. -
Mohit
Tilwani (ex
CTO
of
Alphalink)
brings
over
a
decade
of
engineering
experience
to
xPortal.
Served
as
the
first
engineering
lead
at
Trade
Republic,
he
scaled
systems
to
support
8
million
customers. -
Sergiu
Biris (CEO
of
xPortal)
is
a
serial
entrepreneur
with
over
20
years
of
experience.
He
was
the
co-founder
of
LiveRail,
a
video
advertising
platform
acquired
by
Facebook
(now
Meta)
in
2014
for
$500
million.
“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.”
– Sergiu
Biris,
Co-founder
and
CEO
of
xPortal
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.”
DeFi
to
DeFAI:
What
if
your
money
had
Brains?
Leading
the
paradigm
shift
from
DeFi
to
DeFAI,
xPortal
is
transforming
how
users
interact
with
money.
Making
crypto
easy
and
accessible
for
everyone,
xPortal
is
building
a
vertically
integrated
network
of
specialized
DeFAI
agents
that
work
autonomously,
simplifying
complex
user
tasks
and
removing
onboarding
and
engagement
friction
through
seamless
chain
management.
With
features
like
effortless
on-off
ramps,
cross-chain
trading,
staking,
Web3
dApp
integration,
and
Mastercards
for
everyday
payments,
the
super-app
bridges
the
gap
between
crypto
and
real-world
utility.
About
xPortaI
xPortal
simplifies
crypto
with
three
key
pillars: crypto, real-world
utility,
and AI,
offering
a
delightfully
simple
and
intuitive
experience
for
everyone.
-
Crypto:
Easily
manage
tokens,
buy
assets,
and
trade
across
all
the
major
blockchains,
including
Bitcoin,
Ethereum,
and
Solana.
Access
over
50,000
tokens
and
explore
Dapps
in
one
place. -
Real-World
Utility:
Use
physical
or
virtual
Mastercards
(Apple
Pay
and
Google
Pay
compatible)
to
spend
crypto
or
fiat.
Future
updates
include
peer-to-peer
payments
and
multi-currency
accounts. -
AI with xGenie
(Private
BETA):
AI
assistant
for
token
analysis,
market
insights,
and
soon,
automated
trading.
It
makes
smarter
financial
decisions
accessible
to
everyone.
xGenie
is
set
to
launch
to
the
public
in
the
following
weeks.
For
more
information,
visit xportal.com and
follow
them
on X
(prev.
Twitter)
xPortal
mobile
apps
are
available
on App
Store, Google
Play and AppGallery
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
Comments are closed.