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ecxx.com and global award-winning Ledger forge strategic partnership backed by US$44 million from prominent venture capital funds to launch a world-class digital asset exchange
[March 20, 2019]

ecxx.com and global award-winning Ledger forge strategic partnership backed by US$44 million from prominent venture capital funds to launch a world-class digital asset exchange


  • ecxx.com will officially launch its digital assets exchange in Singapore on 21 March 2019 with more than 12,000 users already registered during pre-launch
  • Will become the first exchange in Asia to use the Ledger Vault solution. Ledger is a global award-winning leader in security and infrastructure solutions for cryptocurrencies and blockchain applications
  • Backed by US$44 million funding led by CapitalX and a consortium of prominent venture capital funds including Epsilon Investment and Ariki Asia
  • Focused on security and building a platform in accordance with prevailing regulations and licenses in various countries, ecxx.com is looking to aggressively scale its network and reach across multiple new countries and geographies

SINGAPORE, March 20, 2019 /PRNewswire/ -- ecxx.com announced today that a consortium of investors led by renowned Singaporean investor Eric Cheng, Founder and CEO of CapitalX and two other venture capital funds in Southeast Asia have acquired a majority stake in the company. To date, ecxx.com is backed by US$44 million in funding. 

Backed by an experienced management team well versed in token economics and blockchain ecosystem, ecxx.com is in the midst of applying for a recognised market operator license from regulators. ecxx.com will become the first digital asset exchange in Asia to use the Ledger Vault solution. Ledger is a global leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. More recently, its Ledger Nano X was awarded the CES Innovation Award in Cyber Security and Personal Privacy for 2019.

ecxx.com provides a digital asset exchange platform designed for both professional traders and retail investors The platform aims to deliver trustable and secured digital asset trading services that allows users to buy, sell, and store digital assets. ecxx.com ensures protection of client assets with its world-class multi-layer security system.



The platform will officially launch on 21 March 2019 with more than 12,000 users already registered pre-launch. By running on its own in-house proprietary system, ecxx.com is able to run a full-suite crypto ecosystem with high liquidity.

Branson Lee, CEO and Co-Founder of ecxx.com said, "We see regulation and government licensing as critical factors that will drive the future of the blockchain and cryptocurrency space. As such, we intend to work closely with the regulators to have the right licenses in place for ecxx.com to grow into a leading digital asset exchange and a dominant player in the cryptocurrency market."


Demetrios Skalkotos, Global Head of Ledger Vault said, "Secure storage of large digital asset funds is complex, and institutions are looking for safe, comprehensive and integrated storage solutions. This integration will ensure that investors have total control and peace of mind that their assets are secure, while not sacrificing convenience."

About ecxx.com

ecxx.com is a digital asset exchange platform designed for both professional traders and retail investors. The platform allows users to buy, sell, and store digital assets.

By running on its own in-house proprietary system, ecxx.com is able to run a perfect ecosystem with high-liquidity.

With its vision to be the World's Leading Digital Asset Exchange, the group aims to deliver trustable and secured digital asset trading services. ecxx.com ensures discretion by protecting client assets with a world-class multi-layer security system.

For more information, please visit https://www.ecxx.com

About Ledger

Ledger is a global leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. With offices in Paris, New York, San Francisco, and Hong Kong, Ledger's team of  nearly 200 professionals develop cutting edge solutions to safeguard cryptocurrency assets for individuals and companies.

For more information, please visit Ledger.com

About Mr. Eric Cheng

Eric Cheng is the Founder and CEO of CapitalX, a firm dedicated to sourcing high-quality digital assets and investments specialising in crypto exchanges, blockchain consultancy and next-generation financial services powered by blockchain technology. Eric has vast experience in international venture capital investments and is a serial crytpo entrepreneur. He became the first foreigner to own a 100% stake in a Japanese FSA-licensed crypto trading platform in May 2018, after acquiring the Japanese crypto exchange BitTrade for US$50 million. Eric subsequently sold a majority stake in BitTrade to global crypto giant Huobi. More recently, Eric acquired a majority stake in ABCC, a leading global crypto exchange.

Today, Eric and his team studies and develop multi-million-dollar digital transformations, software development, and innovative tech solutions to create world class security exchange systems and trading centres around the world.

SOURCE ecxx.com


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