FasterCapital is excited to announce that IP Exchange (IPSX), the first truly decentralized IP sharing exchange, has joined its Acceleration program. IPSX aims to create a global marketplace for Internet Protocol (IP) addresses by offering a decentralized platform that will revolutionize how IPs are shared, rented, and utilized. The company is raising $2M, building on an initial investment of $1850K, to accelerate its growth and realize its vision of transforming the future of data mining, VPN services, and other applications that rely on a high volume of IPs.

Hesham Zreik, CEO of FasterCapital, expressed his enthusiasm for IPSX’s groundbreaking technology: "IPSX is a game-changer for industries that depend on IPs for data mining, web crawling, and security. By utilizing blockchain technology, they are addressing some of the most pressing challenges in the space—high costs, low liquidity, and limited accessibility. We are thrilled to support their mission through our Acceleration program."

George Gabriel Bunea, CEO of IPSX, commented: "We are delighted to be part of FasterCapital's Acceleration program. Their expertise and network will be instrumental as we move forward with our plans to raise $2M. IPSX will play a pivotal role in the distributed network layer of the future web, allowing developers, VPN providers, and data miners to access a secure, cost-effective, and scalable IP-sharing platform. We are confident that with the support of FasterCapital, IPSX will achieve its full potential."

Based in Switzerland, IPSX is on a mission to provide easy access to a global pool of IP addresses, enabling real-time transactions in a secure environment powered by blockchain and smart contracts. Through its innovative platform, IPSX will significantly lower the cost and increase the availability of IPs, addressing the growing demand across multiple sectors.