Fri Nov 08
JPEX received US$10 million investment from Cocoon Holdings Limited
2022-03-23
Cryptocurrency is gradually accepted by the mainstream: more and more laws are taking cryptocurrency into consideration, which is a positive sign for the industry. Moreover, cryptocurrency exchange, as the most important puzzle of the industry, also shoulders significant responsibility to prompt the development of the industry.
Currently, as a cryptocurrency exchange built by Japanese technology professionals, JPEX is promoting the development of cryptocurrency by embracing the mainstream. Currently, JPEX is regulated and licensed to engage in cryptocurrency activities in the U.S., Canada, Australia and other countries. JPEX is also one of the best platforms regarding depth and breadth of compliance.
JPEX owns the IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team. Users can safely and efficiently gain derivatives income on this basis. So far, it has managed more than 15.6 billion assets worldwide, with several hundred thousand users.
JPEX Cryptocurrency Exchange is also known as JPEX Digital Bank. It is currently based on IAIA 2.1 System and operates intelligently and systematically in the form of traditional hedge funds. JPEX Circular Arbitrage Quantitative System is jointly monitored by six senior investment analysts, and the introduction of the Quantitative System will help the Arbitrage System of JPEX Digital Bank arbitrage more accurately and create higher yields. IAIA 2.1 System is equipped with 20-year historical data of 12 futures markets and can create profits for users in 7x24 hours.
At present, cryptocurrency derivatives are gaining momentum. Circular Arbitrage of JPEX is expected to become a "troika" of cryptocurrency derivatives in parallel with futures and options. JPEX, a company specializing in decentralized application development, smart contracts, cryptocurrency trading platforms development and maintenance, can provide all aspect services to blockchain technology.
Currently, JPEX has been favored by many listed companies and signed cooperation agreements with some of them. In late 2021, HMVOD Video, a Hong Kong listed company, officially established a strategic partnership with JPEX. They signed a "memorandum of understanding" and recorded the details of their cooperation.
At the same time, HMVOD is expected to make a three-year investment of up to $5 million for JPEX after the two sides reach an agreement. The specific investment rules will also be customized in the investment agreement. It means that while providing services for HMVOD, JPEX can obtain a certain amount of financing for further business development. At the same time, the cooperation is also helpful for JPEX to establish itself in the NFT market. It is a milestone event for JPEX.
On 11 March 2022, Cocoon Holdings Limited ("Cocoon") (428.HK) announced that it has entered into a “memorandum of understanding” with JPEX that JPEX will seek to utilize its artificial intelligence program trading and arbitrage trading technologies for securities trading and other forms of transactions within 6 months with Cocoon to expand its business using blockchain technology. JPEX will offer technical personnel and advice on the artificial intelligence program trading and blockchain technologies to Cocoon. JPEX and Cocoon will aim to explore investments of up to US$10 million in various areas of blockchain technology, including non-fungible tokens, trading marketplaces, decentralized autonomous organizations, etc.
That means JPEX and Cocoon Holdings Limited are going to work closely on blockchain technology development and achieve potential in-depth collaboration in the future.
With years of technical accumulation, the JPEX R&D team gets well prepared and raring to go. Except for collaboration with listed companies, JPEX also gets good reviews among the global cryptocurrency market, and successively won the "Excellence Blockchain Asset Trading Platform Award" in “Excellence Brand Award” held by Oriental Daily News and on.cc. JPEX also won the "2021 Outstanding Blockchain Asset Trading Platform Award" by Elite Brand Awards and the“2021 The Most Influential Brand in the market” by the Golden Gull Award. Besides, JPEX is also establishing in-depth partnerships with institutions from other fields: Visa, Simplex, Western United Football Club and Macarthur FC, etc. The partnership will effectively enhance the brand acknowledgment and service scope of JPEX. JPEX has attracted widespread interest from the cryptocurrency industry because of its continuous combination of strategies.
JPEX is embracing mainstream finance with compliance, collaboration, and open-mindedness, which brings a positive impact to the cryptocurrency and blockchain industry.