CoinEx, a global and professional cryptocurrency exchange service provider, announced on Thursday the launch of a $50 million Ecosystem Development Fund to back visionary companies whose products and services will facilitate the development of CoinEx’s ecosystem.
CoinEx reported that in addition to financial support, it will also provide professional advice about product design, technology development, brand building and promotion at the project’s early stage. Speaking about the fund, Haipo Yang, Founder and CEO of CoinEx, stated:
“Before any investment, our team will conduct a thorough and multi-dimensional assessment of the project to ensure its quality and potential. Recently we have been focusing mainly on finding promising DeFi projects.”
Founded in 2017, CoinEx supports coin exchange, margin trading, futures trading, options trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available.
“With its proprietary trade matching system and excellent user experience, CoinEx is dedicated to building a highly secure, stable and efficient digital coin exchange for global users.”
CoinEx notably supports a wide range of trading services and is known for some distinct advantages such as fast transactions, world-class security, and safety of funds