Dear AscendEX customers, group members, companions, and supporters:
2021 has been one other 12 months of accelerated development for all of us at AscendEX.
The 12 months started with a significant milestone – AscendEX’s native token ASD (beforehand BTMX) ranked as considered one of the “high 100” cryptocurrencies.
This was a exceptional testomony to our development and the contributions from market members, world customers, and the larger blockchain {industry}.
Throughout the 12 months, the AscendEX staff has accelerated our custom of steady product innovation and client-first methods by additional enhancing our platform’s core functionalities, increasing our world communities, and driving model consciousness. As the market matures with broader adoption underway, AscendEX continues to rise by way of consistency and excellence in efficiency and supply in the ever-evolving digital asset {industry}.
As we rejoice AscendEX’s momentous third anniversary and the onset of the new 12 months, we want to share a few of the agency’s current milestones and achievements with you all.
March
Strategic rebranding to AcendEX as the demonstration of the firm’s relentless give attention to offering customers with most utility and returns by main the enlargement of the digital asset {industry} at the nexus of CEX and DEX Introduction of an progressive multi-asset collateral mechanism, permitting customers to make the most of property apart from USDT as collateral for buying and selling perpetual futures contracts.
June
Roll-out of latest sub-account function, permitting particular person and institutional customers to create multi-dimensional account buildings and deal with a number of asset administration channels for extra environment friendly buying and selling technique deployment.
Launch of the reward middle to streamline the technique of reward distribution.
July
Introduction of customer support AI bots and on-line customer support operate for seamless and expedited information-request assist for customers on the platform.
Launch of Curve (Polygon)-USDC decentralized buying and selling pool mining product.
Expansion of project-specific staking packages to embrace main cash from BTC & ETH to USDT together with DeFi Yield Farming packages to embrace USDT, USDC, and USDX with {industry} aggressive return.
August
Major improve of the skilled buying and selling interfaces to assist asset switch between money, margin, and futures accounts, in addition to one-click-order-placing and order-placing-by-amount, and different user-friendly options
September
Expansion of collateral-eligible property to embrace staked property for futures buying and selling, permitting customers to higher make the most of their steadiness sheet for optimized returns from futures or margin buying and selling whereas nonetheless incomes staking earnings.
October
Launched the KAVA/USDX liquidity mining product, including a brand new member to the mining ecosystem and strengthening our industry-leading providing of DeFi merchandise.
November
Successfully accomplished a $50 million Series B fundraising spherical led by Polychain Capital and Hack VC, with participation from seven main enterprise capital corporations, together with Jump Capital and Alameda Research.
Launch of “Convert” operate for PC & APP shoppers, enabling customers to execute zero-fee swaps for over 45 asset pairs at market value, together with BTC, ETH, ATOM, TRX, and extra.
Over the final three years, AscendEX has emerged as an {industry} chief, with a practice of cutting-edge product innovation, a daring dedication to premier high quality listings, top-tier {industry} analysis, and a key strategic accomplice to blue-chip initiatives throughout the blockchain ecosystem. Our development and accomplishments to date are inseparable from our group’s limitless assist.
As we progress into the new 12 months, our staff will proceed its upward trajectory with the newest product growth, group development, and cryptocurrency innovation, not just for AscendEX however for the cryptocurrency {industry} at massive.
Thank you sincerely to your boundless assist since the 2018 launch. We want you and your family members a cheerful and wholesome new 12 months.
— CEO George Cao, COO Ariel Ling, and the Entire AscendEX staff.Disclaimer
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