Category Archives: BlockEx News
Backed by $10M, BlockEx launches fully compliant platform to bring industry best practices to the ICO market and issues utility token
After raising $10M in ICO pre-sale and institutional equity, BlockEx gears up for its official ICO, and the launch of its Digital Asset Exchange Platform (DAxP), a market of compliant ICOs
London, January – BlockEx Limited, the fintech company providing a next-generation financial exchange platform for blockchain-based digital assets, announces it has raised $10 million in pre-sale and institutional investment. The early investments are being used to launch the BlockEx Digital Asset Exchange Platform (DAxP) and complimentary Digital Asset Exchange Token (DAXT). The DAxP manages the entire lifecycle of blockchain based digital assets, including origination, issuance, exchange, settlement and redemption. The secured $10 million has been raised in part by pre-ICO commitments and traditional investors.
Imagine you have just read an incredibly innovative proposal for an ICO that is going to “disrupt such and such industry”. You are fully invested in the idea, but you don’t feel confident putting your money somewhere that may never actualize its promises. In the current ICO landscape, token holders have no route for verifying such details. With BlockEx’s framework offering best practices, investors can confidently and securely invest in the BlockEx ICO Market and seamlessly and strategically exchange digital assets.
BlockEx has launched its Digital Asset Exchange Platform (DAxP), a global marketplace for all asset classes and instruments using distributed ledger technology (DLT). To pair with DAxP, BlockEx is also launching a Digital Token Product Offering and Digital Asset Exchange Token to add ICOs to the asset classes being served. The BlockEx ICO Market will give investors and financiers access to a large variety of high-quality ICOs, with full institutional procedures and standards, like that of the standard financial securities market. The DAXT will be the utility token to access the BlockEx ICO Market.
The DAXT Token is currently on pre-sale, and will officially launch its ICO on January 26th, 2018. DAXT can be purchased using BTC, ETH, or fiat for the price of 1 Euro, and will reach a cap at 29,748,453 Euros.
“There are a few companies in the current ICO market that are giving a bad name to blockchain technology and are doing things borderline illegally. With the insecurity and speculation of cryptocurrency today, BlockEx is adjusting to a future where regulation and governance hits the blockchain.” says BlockEx CEO Adam Leonard “BlockEx is providing a safe place for investors and ICO issuers to come and exchange digital assets like that of the standard financial securities market.”
BlockEx’s Digital Asset Exchange Platform (DAxP) is an institutional grade exchange with blockchain asset origination, dematerialisation and lifecycle management tools. The BlockEx DAxP includes a digital asset creation tool, exchange, clearing, settlement, registry and brokerage software. The offices are in London, Bulgaria, Taiwan and Israel.
White Paper: file:///Users/maya/Downloads/BlockEx-Initial-Coin-Offering-Market-and-Digital-Asset-Exchange-Token-White-Paper-v15.3.pdf