Vemanti Group’s Strategic Acquisition of XPLOR Technology and the Appointment of Eric Vuong as Chairman
Irvine, CA, March 11, 2025 – Vemanti Group, Inc. (OTCPK: VMNT), a leading technology and digital finance solutions provider, is thrilled to announce the successful acquisition of a controlling interest in XPLOR Technology Pte. Ltd., the Singapore-based parent company of ONUS Pro, an innovative cryptocurrency exchange platform. This strategic transaction marks a critical advancement in Vemanti’s digital finance strategy and its transition to a senior exchange in the dynamic world of cryptocurrency.
Background on XPLOR Technology and ONUS Pro
XPLOR Technology, founded in 2018, is a technology company specializing in the development and operation of ONUS Pro, a cryptocurrency exchange platform that has gained significant traction in the Asian market. ONUS Pro provides a secure and user-friendly platform for trading various cryptocurrencies, including Bitcoin, Ethereum, and altcoins. The platform also offers advanced features, such as staking, lending, and borrowing, making it a preferred choice for both retail and institutional investors.
The Impact on Vemanti Group
With the acquisition of XPLOR Technology, Vemanti Group is poised to benefit from the expertise and resources of the Singapore-based company. This strategic move will enable Vemanti to expand its digital finance offerings and significantly enhance its position in the cryptocurrency market. Moreover, the appointment of Eric Vuong, XPLOR’s founder and CEO, as Chairman of Vemanti’s Board of Directors, will bring valuable industry insights and leadership to the Company.
The Global Implications
The acquisition of XPLOR Technology by Vemanti Group is expected to have a ripple effect on the global cryptocurrency market. As more traditional financial institutions explore the potential of digital currencies, strategic partnerships and acquisitions like this one will become increasingly common. This transaction is a testament to the growing importance of digital finance solutions in the modern financial landscape.
Furthermore, the appointment of Eric Vuong as Chairman of Vemanti’s Board of Directors will bring a fresh perspective to the Company’s digital finance strategy. His extensive experience in the cryptocurrency industry and his leadership at ONUS Pro will undoubtedly contribute to Vemanti’s growth and success in the digital finance sector.
Conclusion
Vemanti Group’s acquisition of XPLOR Technology and the appointment of Eric Vuong as Chairman represent a significant step forward in the Company’s digital finance strategy. This strategic transaction will enable Vemanti to expand its offerings, enhance its position in the cryptocurrency market, and bring valuable industry expertise to its leadership team. As the world continues to embrace digital finance solutions, Vemanti Group is well-positioned to capitalize on the opportunities presented by this dynamic and innovative sector.
- Vemanti Group acquires controlling interest in XPLOR Technology, parent company of ONUS Pro
- Eric Vuong appointed as Chairman of Vemanti’s Board of Directors
- Strategic transaction marks critical advancement in Vemanti’s digital finance strategy
- Impact on Vemanti: expansion of digital finance offerings, enhanced position in cryptocurrency market
- Global implications: growing importance of digital finance solutions, strategic partnerships and acquisitions
