The BHEX cryptocurrency project attracted $15 million in investment from Huobi Global, OKCoin, Node Capital, Genesis Capital, City Holdings and other companies. Among the founders of BHEX listed former technical director of Huobi, James Ju.
BHEX will provide trading, custodial and clearing services with cryptocurrency assets. According to its creators, the platform is based on an “innovative Blockchain solution” with open source code based on decentralized cryptographic algorithms. The BHEX team has already patented a new technology.
BHEX intends to become a decentralized, community-driven platform. To use its own trading technology, the BHEX team also developed an open source software as a service (SaaS) called BHOP.
According to James Ju, the founders of BHEX have experience with Google, Alibaba, Tencent, Baidu, Barclays Capital and Huobi. The launch of the platform is scheduled for late November.
Recall that in November, Huobi Global announced the launch of a beta version of the platform for trading cryptocurrency derivatives.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.