Tagged: jack tao

Singapore-based Crypto Exchange Phemex Is Offering Proprietary Perpetual Contracts Pegged on Gold and Settled in Nominal USD

Singapore-headquartered digital asset exchange Phemex announced on March 17, 2020, that it will be offering a proprietary perpetual contract, which is reportedly pegged on gold and settled in nominal US dollars. According to a press release shared with Crowdfund Insider: “Each contract is worth 0.001… Read More

Crypto Derivatives Platform Phemex Raises $3.5 Million Led by NGC Ventures

Phemex, a crypto derivatives trading platform led by former Morgan Stanley executives, has raised $3.5 million in a funding round led by NGC Ventures. In a release, Phemex said it will utilize the additional capital for global expansion into Japan, Korea and Russie as well… Read More

Former Morgan Stanley Executives Plan Launch of Crypto Derivatives Exchange Phemex

A group of former Morgan Stanley executives is launching a crypto derivatives exchange in a move to rival the CME. Phemex, a trading platform that claims to be able to manage 300,000 TPS, is said to be on par with the technical capabilities of the… Read More

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