Recently, Vite Labs became strategic partner and investor of a digital asset bank MXBank, taking the first step in Vite ecosystem buildout. Vite will provide MXBank with technical support to help the latter develop its banking applications on the Vite public blockchain. In the meantime, the ecosystem fund leader from Vite will also join MXBank team to accelerate product development. Vite token will also become one of the first group of digital assets supported by MXBank. The global expansion of MXBank will help the circulation of Vite token.

[About MXBank]

MXBank is the world’s first full-service digital asset bank, dedicated to providing customers with convenient and secure global digital asset management services. Through the core technology built on smart contracts, MXBank provides banking services including exchange, lending, investment and wealth management of digital currency assets. MXBank has been striving for providing convenient, secure and value-added service to users.

MXBank has a strong team consisting of Google R&D and marketing team, Bank of America Merrill Lynch, Morgan Stanley and other financial professionals with Wall Street background, and Discover Finance’s risk control team. The CEO of MXBank, Ms. Xinyi Liu, graduated from University of California Berkeley in Mathematics and worked for Wall Street investment bank Merrill Lynch for a long time. Mr. Zhou Zhe, the co-founders of MXBank, was the №103 employee at Google headquarters. He wrote 60% of the code for AdWords, the first generation of Google’s advertising system, and their first Java code. He also participated in Gmail, Chubby (blockchain technology), gRPC, maps, music and other products.

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