OKEx to List Emercoin, Giving Boost to Cryptocurrency
Move Comes After the Bitfury Group Invests in Promising New Technology
HONG KONG, Jan. 18, 2018 — OKEx, a world-leading digital asset exchange that provides advanced financial services to global traders, will start listing the promising new cryptocurrency Emercoin, in early February. OKEx, which operates out of Hong Kong, is now the fifth largest exchange in the world by trading volume with more than $3 billion in trades.
“We are excited to provide another trading options to our users. Our teams have been focused on bringing online new tokens and futures, and it’s great to see our efforts pay off. We welcome Emercoin and their community as we continue our quest to best serve our users,” said Chris Lee, CEO of OKEx.
OKEx’s move comes shortly after the Bitfury Group, the world’s leading full-service blockchain technology firm, started to invest and support the Emercoin Blockchain as a way to expand the scope of applications it designs for customers.
“We are encouraged by OKEx’s decision to list Emercoin, which offers great potential for proof of work and proof of stake mining,” said Valery Vavilov, CEO of the Bitfury Group. “In the coming months, the Bitfury Group will develop creative ways to use this new technology, which provides both flexibility and security, to launch new pilot projects that solve complex problems for governments, companies, institutions and individuals around the world.”
OKEx is a world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology. Founded in 2014, OKEx has gained millions of dollars worth of investments from Corporate Giants like VenturesLab (co-founded by Tim Draper), Ceyuan Ventures, Qianhe Capital Management, eLong Inc., Longling Capital (founded by the Chairman of Meitu) and Giant Network Group. OKEx is also one of the top digital asset exchanges in the world by trading volume, serving over 20 million customers in over 100 countries. Its BTC futures trade also has nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry.
Emercoin is a cryptocurrency and decentralized blockchain platform for a wide range of distributed trusted services. Distinctive features of Emercoin are high reliability, robustness and three-in-one hybrid mining (PoW+MergedMining+PoS). The Emercoin platform already runs network security services EmerSSL/EmerSSH, decentralized domain system EmerDNS, counterfeit solution EmerDPO, VOIP solution ENUMER, to name the few.
The Bitfury Group is the world’s leading full-service blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem. Bitfury develops and delivers both the software and the hardware solutions necessary for businesses, governments, organizations and individuals to securely move an asset across the Blockchain. Bitfury recently launched Exonum, a custom framework that helps individuals, businesses and governments securely and easily bring their ideas and solutions to life.