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Press Release

BitMax.io and Bithumb Korea Announce Strategic Partnership to Enhance Product Platform and Accelerate Global Expansion

Author

John Asher

Tags

Reading time

2 mins
Last update

Author

John Asher

Tags

Category

Press Release

Reading time

2 mins
Last update

Author

John Asher

Tags

Reading time

2 mins
Last update


bithumb and bitmax partnership

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Singapore / Feb 17, 2020 – BitMax.io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global partnership leveraging their respective market presence and expertise.

Founded by a group of Wall Street quant trading veterans in 2018, BitMax.io offers a broad range of financial products for retail and institutional clients. Bithumb Korea was founded in 2014 and is a leading cryptocurrency exchange in the world in terms of total transaction volume. Bithumb has expanded its investment in blockchain technology by developing and providing custody, kiosk, VC and research services, thereby contributing to the growth of the cryptocurrency ecosystem.

The key terms of the new partnership encompass the development of blockchain and infrastructure technology. The collaborative effort will foster new opportunities as well as accelerate the development of product solutions in today’s competitive environment.

“Rigorous product innovation has always been a key point of differentiation for our institutional-grade trading platform,” said Dr. George Cao, CEO of BitMax.io. “We are thrilled about this exciting opportunity to combine that approach with Bithumb Korea’s deep crypto business expertise. Both institutions will work closely on the delivery of synergistic services and products to our global users across the digital asset ecosystem.”

About BitMax.io

BitMax.io (BTMX.com) is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust product design ranging from innovative volatility products to margin trading and other investment solutions.

About Bithumb Korea

Bithumb Korea has grown beyond Korea to become one of the largest cryptocurrency exchanges in the world. The comprehensive financial platform company is leading the digital financial innovation based on cryptocurrencies and blockchains.

 

John Asher

About the Author

I am a crypto-enthusiast that likes to write about the blockchain industry. Mostly, I'm interested in the gaming industry and how it will revolutionize in-game asset ownership.