OKEx, a world-leading digital asset trading platform, has raised tens of millions of dollars in the new funding round in early 2017.
The investment is being led by Giant Network Group (founded by Yuzhu Shi), Qianhe Capital Management (founded by Yawei Wang), eLong Inc. (founded by Yue Tang), Longling Capital (founded by the Chairman of Meitu Inc., Wensheng Cai) and existing investor Ceyuan Ventures.
Based in Belize, and with its main operation hub located in Hong Kong, OKEx is an international company specializing in blockchain technology & digital asset development and applications. Its flagship platform OKEx.com, focusing on digital asset-only exchange, also provides fiat-to-cryptocurrency, cryptocurrency-to-cryptocurrency and derivatives trading services to global customers. While OKCoin.com focuses on facilitating fiat-to-cryptocurrency trading, including but not limited to USD, JPY, KRW and EUR.
By using the peer-to-peer technology, blockchain is best-known for its role in facilitating payments transactions with digital assets. OKEx believes the innovation will revolutionize human lives. As the world's digital asset market has entered a new phase of development, OKEx will allocate the newly raised capital strategically and responsibly, and continue to serve customers to the best of their ability by putting more resources on product and service innovation.
In the next three months, OKEx's trading platform will undergo a major system upgrade and will provide significant enhancements to customer experience. Substantial progress has already been made in its applications of digital asset trading licenses across the globe.
OKCoin.cn, previously one of the biggest RMB to Bitcoin exchange platform in China, and OKEx are two companies and teams that operate independently of each other. To comply with China's cryptocurrency regulations, OKCoin.cn has already completed the assets withdrawal of customers, and transformed into a blockchain technology research company, which is currently working on blockchain projects with several financial enterprises.