Singapore, June 28, 2023 – OliveX, a leading next-generation encrypted asset trading platform, is revolutionizing the cryptocurrency exchange sector and propelling the industry towards its next stage of development. With its innovative approach and cutting-edge solutions, OliveX aims to address the pain points of current exchanges and provide a comprehensive encrypted financial trading experience.
The cryptocurrency industry has emerged as a decentralized and innovative asset, offering a new ideology and financial approach. As traditional finance struggles with trust and efficiency, cryptocurrencies are bridging the gaps and gaining acceptance from Web2 giants and government institutions alike.
Over the past years, major companies such as Microsoft, Dell, Zynga, and PayPal have ventured into the cryptocurrency space, embracing payment and holding options. Similarly, countries like El Salvador and the Central African Republic have adopted Bitcoin as their legal tender, while others, including Panama, Paraguay, and Brazil, have expressed interest in doing the same. Additionally, financial institutions and regulatory bodies are actively promoting the benefits of cryptocurrencies, signaling the acceleration of cryptocurrency regulation and compliance.
In this evolving landscape, OliveX emerges as a strong contender in the wave of crypto finance. Incubated by SUPERGOIN FOUNDATION PTE. LTD., a Singapore-based investment fund company under the renowned US-based Coinbase ecosystem, OliveX leverages its extensive ecosystem and Silicon Valley development resources to provide a leading solution called Fusion-Ex (FEX). FEX offers a comprehensive encrypted financial trading experience, encompassing trading, development, DeFi, contracts, NFTs, GameFi, metaverse, and more, all while ensuring asset security for users.
The OliveX Exchange adopts a hybrid architecture, combining decentralized networks for trading control with a centralized layer for order matching, improved liquidity, and user-friendly features. This approach enhances security, transparency, and liquidity while providing a seamless trading experience that addresses the challenges faced by traditional exchanges.
OliveX is committed to driving the development of multidimensional encrypted business systems, including encrypted payments and tokenization of real-world assets, by connecting its ecosystem with various Web2 business systems. Through innovative technology and forward-thinking solutions, OliveX helps cryptocurrency traders profit from the vast cryptocurrency market while addressing the issues faced by DeFi and meeting the financial needs of all users.
Since its launch in 2021, OliveX has gained significant industry attention and raised nearly $50 million in funding from institutions, investors, and venture capital. This funding will be utilized for ecosystem development, technical team expansion, and brand building, providing a solid foundation for the long-term growth of the OliveX ecosystem.
The innovative exchange model of OliveX, Fusion-Ex (FEX), is empowering billions of users to seamlessly enter the world of cryptocurrencies and accelerating the trend of bringing the $80 trillion traditional financial market onto the blockchain. With its vision, technological prowess, and backing from the blue ocean market of cryptocurrencies, OliveX is set to become a mainstream trend in digital currency trading and a driving force in the wave of crypto finance.
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OliveX is a next-generation encrypted asset trading platform incubated by SUPERGOIN FOUNDATION PTE. LTD., a Singapore-based investment fund company under the Coinbase ecosystem. OliveX aims to address the pain points of current exchanges through its Fusion-Ex (FEX) solution, providing a comprehensive encrypted financial trading experience. With its ecosystem and resources rooted in Silicon Valley, OliveX strives to become the leading Web 3.0 on-chain trading platform and drive the development of multidimensional encrypted business systems.
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