RE: Blue Star Capital's 50%-owned SatoshiPay Builds a $250m Payments Giant3 Jun 2026 13:39
In the following two months, Vortex achieved a further US$7.8 million in transaction volumes, comprising US$6 million in February 2026 and US$1.8 million in March 2026. These reduced transaction volumes were a consequence of temporary outages of the platform in order to complete necessary platform infrastructure upgrades, along with ongoing internal compliance reviews associated with onboarding and scaling institutional counterparties. In addition, a major institutional client of the platform and user of the Vortex Brazilian PIX-based settlement rails is in the process of changing its banking partner, which also resulted in a significant reduction in transaction volume.
SatoshiPay expects these factors to resolve in the near term, supporting a return to, and further growth of, established volume levels.
This was 01st April, and nothing has been resolved