VP Capital Ltd., the investment arm of Capital.com controlling shareholder and London based entrepreneur Viktor Prokopenya, has announced that it has completed the sale of crypto exchange Currency.com to a group of investors represented by CXNEST Ltd, marking the end of an 18-month transaction process.

Following an extensive Change of Control process and approval from 28 state regulators in the U.S., along with the Gibraltar Financial Services Commission, CXNEST Ltd. now assumes full ownership and control of Currency.com and its subsidiaries. This strategic acquisition combines Currency.com’s advanced technology with the deep expertise and resources of its new fintech investors, ensuring continued innovation and growth.

Nikolai Markovnik, a representative of VP Capital Ltd. said,

“The sale of Currency.com marks a strategic shift for VP Capital Ltd., allowing us to focus on our core investments, while ensuring that Currency.com receives the dedicated leadership and resources it needs to thrive under its new ownership. We are confident that CXNEST Ltd. and its investors will drive the platform’s next stage of growth and innovation.”

Konstantin Anisimov, a representative of CXNEST Ltd. said,

“We see significant potential in Currency.com and plan to invest in expanding its capabilities to meet the growing demands of digital asset users.”

The parties said that the sale will have no impact on existing users, who will continue to enjoy uninterrupted access to Currency.com and its full range of services. Under its new ownership, Currency.com will soon unveil a series of strategic updates and enhancements, reinforcing its commitment to innovation, security, and user experience.

With this transaction, VP Capital Ltd. has fully exited the crypto space to focus on its core business ventures.