DAEX

DAEX develops a blockchain-based clearing ecosystem that provides decentralized clearing, settlement, and custody services for digital asset and cryptocurrency trades. Its core technology aims to enhance security and transparency in the post-trade process, addressing critical infrastructure needs for global digital asset markets. The platform supports both mainstream cryptocurrency transactions and the emerging meta-universe NFT trading landscape.

The company was founded in 2018 by Ruicong Tang and Hua Zhang, who identified a need for a more secure and reliable framework for digital asset exchanges. Their vision stemmed from the inherent vulnerabilities of centralized exchanges, prompting the development of a distributed solution for clearing and settlement to instill greater trust and efficiency in transactions.

DAEX primarily serves participants in the digital asset trading space, including various exchanges and individual traders seeking robust security and immutable record-keeping. The long-term vision is to establish a comprehensive, open, and distributed clearing foundation for the entire digital asset industry, fostering an environment of increased integrity and widespread adoption for cryptocurrencies and other digital assets globally.