ChainUP has launched EXUP a new financial derivatives technology platform for
digital assets to empower the blockchain financial ecosystem.
14th February, 2020, Singapore – On February 11, ChainUP, a leading global blockchain technology service provider, officially
launched EXUP, an
independent brand of blockchain financial derivatives, creating a new financial
derivatives technology platform for digital assets.
EXUP is committed to providing customers with
secure, stable and efficient blockchain financial derivatives services. Its
highly stable and reliable matching engine has been created to [em]power the
financial ecosystem on blockchain, through a distributed system architecture
based on microservices. The platform
promises low costs and high levels of efficiency, thereby allowing customers to
allocate more resources and focus on business operations. At present, the
team has provided financial derivatives technology services
to more than 60 enterprises in more than 10 countries and regions around the
world.
The core team of EXUP has a strong and long
fintech background, having independently developed the E-Trading System and the industry’s exclusive industrial-grade MDB (pure memory database) solution. The new EXUP
platform provides perpetual contracts, delivery contracts, ETFs, options, and
technical solutions such as liquidity management of derivatives, as well as
corresponding SaaS product services.
ChainUP
implements a group and global operations strategy, and has multiple
subsidiaries and independent brands. These include HiCoin, an
enterprise focused on wallet technology solutions, BitWind, a liquidity provider that provides liquidity support to exchanges, and
EXUP, a financial derivatives technology platform for digital assets.
Since the advent of the first crypto exchanges,
markets for trading Bitcoin and other digital assets have remained active. The
emergence of financial derivatives such as contracts and options have served to
promote the development of digital currency market transactions even more,
providing more directions and possibilities for the technological development
of blockchain. As such, at the end of
2018, ChainUP went ahead to launch financial derivatives technology services
related to futures contracts and began to venture into the digital asset
derivatives market.
Which brings us to the launch of ChainUP’s
independent brand of financial derivatives for digital assets – EXUP. Besides its aim to expand the scope of the financial derivatives
markets for digital assets, EXUP’s more commendable features presently, are in providing exchanges with more
comprehensive, reliable and
cost-effective derivatives technology services.
About ChainUP
ChainUP is one of the leading blockchain technology solution providers in the
world. It owns eight well-developed product lines: digital currency trading,
wallet, situational awareness, public chain and consortium blockchain, mining
pool, blockchain cloud media, liquidity, broker, and has constructed an
industrial closed-loop from technology service to traffic and traffic
commercialization. So far, it has served 300+ exchange clients, 100+ digital
wallet clients, 150+ liquidity service clients, which include 50+ million users
in over 20 countries from Asia, Europe, America and Oceania. The team members
behind ChainUP have worked in top blockchain or internet companies and
institutions in technological development and operation management, and are
highly experienced in the blockchain industry. It has obtained several rounds
of investments from well-known top institutions in the industry, such as Morningside Venture
Capital, Joy Capital, Node Capital, Albatross Venture, Taoshi capital, amongst
others.
Media Contact
Cecilia Wong, yourPRstrategist.com
[email protected]
+65-91826605
