AscendEX
AscendEX(BitMax): Global Digital Asset Trading Platform|Bitcoin Exchange|Crypto Trading.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $50.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 8 % | 48 % | 185 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
AscendEX is a global cryptocurrency exchange headquartered in Singapore that serves over a million retail and institutional clients worldwide. The platform, which was launched in 2018 under the name BitMax, provides a wide range of services, including spot, margin, and futures trading, as well as staking and other yield-generating opportunities.
AscendEX's business strategy is based on providing a diverse range of digital assets while also pioneering the DeFi ecosystem. The company's revenue is primarily generated through trading fees, which include maker and taker fees, as well as withdrawal fees. The platform also provides launchpad services, which allow users to invest in early-stage blockchain projects.
Keywords: cryptocurrency exchange, digital assets, spot trading, margin trading, futures trading, staking, yield farming, DeFi, blockchain, launchpad
Tech stack
Investments by AscendEX
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