Syrax

About

Syrax is a decentralized, non-custodial multi-chain crypto payment gateway offering wallet- and crypto-agnostic checkout, instant settlement, chargeback removal, and merchant receipt of stablecoins or CBDCs.

Mission

Syrax is a decentralised, non-custodial multi-chain crypto payment gateway that provides wallet- and crypto-agnostic checkout for users and merchants. The platform enables instant settlement, removes chargebacks, and lets merchants receive stablecoins or Central Bank Digital Currency (CBDC) to address liquidity and stability concerns. Founded in 2022, Syrax has developed an MVP and secured two pilot projects with e-commerce and marketplace partners while pursuing additional national partnerships. The company has engaged large financial institutions in high-level discussions to integrate CBDCs into pilot programs. With Pre-Seed funding from Antler, Syrax has doubled down on engineering, refined product features ahead of pilots, and strengthened its direct sales pipeline and go-to-market strategy. The team is continuing development of new payment functions and business tools and is currently raising follow-on capital.

Quick Facts