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Tagged: phemex

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

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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

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

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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

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Former Morgan Stanley Executives Plan Launch of Crypto Derivatives Exchange Phemex

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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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