Singapore – Global blockchain technology service provider ChainUP, has officially launched EXUP, a new financial derivatives technology platform for digital assets. EXUP will be an independent subsidiary brand of ChainUP.
Committed to providing clients an array of secure, stable and efficient blockchain financial derivatives services, EXUP has created a highly stable and reliable matching engine. Created to empower the blockchain financial ecosystem, it has a distributed system architecture that is based on micro-services.
The EXUP platform guarantees low costs and high levels of efficiency, allowing customers to set aside their resources and focus on their business operations. Presently, the team has provided financial derivatives technology services to over 60 enterprises in more than 10 countries and regions globally.
With a core team made up of executives and developers with strong backgrounds in fintech, some of whom independently developed the E-Trading System and the industry’s exclusive industrial-grade MBD (pure memory database) solution. This new platform provides perpetual contracts, delivery contracts, options, ETFs, and technical solutions such as liquidity management of derivatives and corresponding SaaS product services.
ChainUP implements a global operations strategy with multiple subsidiaries and independent brands which include HiCoin, an enterprise focusing on wallet solutions, BitWind, a liquidity provider that offers liquidity support to exchanges, and now EXUP, a financial derivatives technology platform for digital assets.
From the very first crypto exchanges, Bitcoin trading as well as markets for the other digital assets, have been and remained active. Emerging financial derivatives such as contracts and options have promoted the development of digital currency market transactions even more. They have provided more directions and possibilities for blockchain’s technological development. Hence, at the end of 2018, ChainUP launched its division of financial derivatives technology services related to futures contracts and began to venture into the digital assets derivatives market.
Presently, ChainUP has launched EXUP, its own independent brand of financial derivatives for digital assets. With an overall aim to expand the scope of the financial derivatives markets for digital assets, EXUP has come up with commendable features which provide exchanges with more comprehensive, reliable and cost-effective financial derivatives technology services.
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.
The post ChainUP Launches Blockchain Financial Derivatives EXUP appeared first on TechBullion.