AscendEX operates a cryptocurrency financial platform that provides spot and futures trading, custody, staking, wallet infrastructure, and yield products such as AscendEX Earn and cross-collateralized staking. The platform services over one million retail and institutional clients and reports more than $200 million in average daily trade volume. AscendEX acts as an infrastructure partner to blockchain projects, operating as a validator and yield-farming portal for over 60 token projects and claiming staking support for over 200 blockchain projects. The company supports initial exchange offerings (IEOs) and offers auxiliary services including token economics consultation, liquidity strategies, staking support, and global marketing. AscendEX emphasizes bridging centralized and decentralized finance and provides products that let users generate yield while trading on leverage. The company launched as BitMax in July 2018 and is headquartered in Singapore.

Total raised

$50M

Funding rounds

1

Latest round

Series B

Latest activity

Nov 2021