PDAX - About the company
PDAX is a series B company based in Makati (Philippines), founded in 2017 by Yang Yang Zhang and Nichel Gaba. It operates as an Online exchange platform for cryptocurrencies. PDAX has raised $62.5M in funding from investors like Ripple, Tiger Global Management and BitMEX. The company has 2099 active competitors, including 194 funded and 74 that have exited. Its top competitors include companies like Binance, Blockchain and Uphold.
Company Details
PDAX is an online exchange platform for cryptocurrencies. Allows users to buy, sell, and manage cryptocurrencies and utility tokens. Supports Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin.
- Website
- pdax.ph
- Social
- Email ID
- *****@pdax.ph
- Phone Number
- +63 **********
Key Metrics
Founded Year
2017
Location
Makati, Philippines
Stage
Series B
Total Funding
$62.5M in 4 rounds
Latest Funding Round
Ranked
8th among 2099 active competitors
Employee Count
281 as on Aug 31, 2026
Investment & Acquisitions
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PDAX's funding and investors
PDAX has raised a total funding of $62.5M over 4 rounds. Its first funding round was on Mar 07, 2019. Its latest funding round was a Series B round on Feb 10, 2022 for $*****. 9 investors participated in its latest round. PDAX has 15 institutional investors.
Here is the list of recent funding rounds of PDAX:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 10, 2022 | 1822766 | Series B | 2188350 | 9398827 | 6442379 | 6831315 |
Aug 19, 2021 | 2159071 | Series A | 3649367 | 6344108 | 2200181 | 5370695 |
Jun 03, 2019 | 4967529 | Seed | 9571799 | 5061001 | 9246471 |
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PDAX's founders and board of directors
Founder? Claim ProfileHere are the details of PDAX's key team members:
- Yang Yang Zhang: Former Co-Founder of PDAX.
- Nichel Gaba: Co-Founder & CEO of PDAX. Contact Info: 3 email addresses
View details of PDAX's Founder profiles and Board Members
PDAX's employee count trend
PDAX has 281 employees as of Aug 26. Here is PDAX's employee count trend over the years:
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PDAX's Competitors and alternates
Top competitors of PDAX include Binance, Blockchain and Uphold. Here is the list of Top 10 competitors of PDAX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Binance 2017, Abu Dhabi (United Arab Emirates), Series C | Online exchange platform for cryptocurrency | $2.02B | 83/100 | |
2nd | Blockchain 2011, London (United Kingdom), Series E | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 82/100 | |
3rd | Uphold 2013, San Francisco (United States), Series B | Digital assets trading platform offering trading services for cryptocurrencies, stablecoins, and precious metals | $73.2M | 82/100 | |
4th | Kraken 2011, Cheyenne (United States), Series D | Provider of a multi-asset trading platform | $866M | 82/100 | |
5th |  Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 79/100 | |
6th |  Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
9th |  CoinSwitch 2017, Chennai (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 76/100 | |
10th | Cryptocurrency exchange and trading service provider | $247M | 76/100 |
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PDAX's Investments and acquisitions
PDAX has a total of 1 investment in Playdex. PDAX has not made any acquisitions as of now.Reports related to PDAX
Here is the latest report on PDAX's sector:
News related to PDAX
Filter this listMedia has covered PDAX for 1 event in last 1 year, It was about partnerships.
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Toku and PDAX Partner to Enable Stablecoin Payroll in the PhilippinesBusiness Wire•Nov 18, 2025•Toku, PDAX
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PDAX joins forces with social financial platform Investagrams to make crypto trading more accessiblePassionate In Marketing•Aug 20, 2024•PDAX, Investagrams
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Velo Labs and PDAX open remittance corridor into the Philippines using the Stellar NetworkPR Newswire•Mar 24, 2022•PDAX, Velo
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Philippines-based crypto exchange PDAX raises $29m from Tiger GlobalShareandstocks•Feb 09, 2022•PDAX, Tiger Global Management, Kingsway Capital, Jump Capital and 5 others
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PDAX raises US$12.5M to take advantage of the popularity of cryptocurrencies in Philippinese27•Aug 19, 2021•PDAX, BC Group, Beenext, CMT Digital and 2 others
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PDAX Debacle: Modulus CEO Says Crypto Exchange Collapse is Just the BeginningCrowdfund Insider•Feb 26, 2021•PDAX
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Philippines leverages distributed ledger technology for bond distributionIBS Intelligence•Jul 27, 2020•UnionBank, PDAX
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