Strategic Investment in Tokenomy, DAEX Officially has a new Clearing Node in Southeast Asia! DAEX Follow Aug 7, 2018 · 2 min read

On August 1, we announced a strategic partnership with the Australian exchange XBrick, with XBrick becoming the first clearing node for us. We have now also entered into a strategic investment partnership with Tokenomy, an exchange based in Singapore.

Tokenomy has become the official clearing node for DAEX in Singapore, strengthening mutual influence in the local market and expanding the map of DAEX after progress in South Korea, Indonesia,Thailand and Australia.

Tokenomy was started by the founding members from INDODAX (formerly known as Bitcoin Indonesia), one of the largest bitcoin and blockchain startups in South East Asia with more than 1.3 million registered users.

Based in Singapore, Tokenomy is a crypto exchange, and a tokenization platform to allow projects to launch new blockchain tokens. By having a shared login with INDODAX, Tokenomy has immediate access to a liquidity pool.

DAEX and Tokenomy also reached agreements about the strategic cooperation plan which includes investment in Tokenomy, DAEX Wallet deployment, DAEX (DAX) token listing in Tokenomy and further cooperation related to the DAEX clearing ecosystem. Moreover, with the DAEX Fund becoming the sponsoring institution for Tokenomy, it will recommend blockchain projects to be listed in Tokenomy.

The DAEX (DAX) token listed in Tokenomy has the trading pair DAX/USDT.

Exchange Website： https://www.tokenomy.com/

Up to now, DAX has been listed on six exchanges, which include LBank, Allcoin, BCEX, INDODAX, SEADAX and Tokenomy. DAEX has now officially entered the Korean, Southeast Asian and Australian markets.

Exchanges Website Links：

LBank ：https://www.lbank.info

Allcoin ：https://www.allcoin.ca

BCEX ：https://www.bcex.ca

INDODAX ：https://indodax.com

SEADAX ：https://www.seadex.io

Tokenomy: https://www.tokenomy.com/

In the next year, we aim to serve 10,000 corporate customers, including exchanges and funds, with distributed clearing systems and multi-asset cross-chain wallet solutions. We will also work with more than 60 investment organizations around the globe to build a new ecosystem for trading and clearing. Finally, we aim to cooperate with 10 or more exchanges to whom we will provide services including technical support, DAX clearing tokens and investment.