Blue Helix Exchange（BHEX）is finally making its debut, after more than half a year of hard work.
The crypto trading market had already been swamped with tycoons when BHEX kicked off half a year ago, and it is also the most competitive marketplace for operating a business in the blockchain industry. It requires significant courage and foresight to enter such a market, but we are determined to meet and overcome any potential challenges.
We had been brainstorming countless startup ideas before we finally chose to start with tackling the security and credibility issues in the current crypto trading industry. Our solution is underpinned by innovative cryptographic academic research and blockchain technology, which lay the foundation for constructing a decentralized asset custody and clearing platform. This structure allows efficient circulation and trading of blockchain assets while maintaining the core value realized from decentralization.
Thankfully, our logic and idea was well accepted by both mainstream and capital market. At the very beginning, we successfully raised 15 million USD in our angel equity financing round from two of the most established trading platforms, Huobi and OKEx, as well as another 7 top-tier institutions. We are also delighted to see a number of counterparts who are recognizing our solution, entering this market, or investing in us since we officially proposed the concept of an independent custody and clearing system, together with the derived open trading platform. Consequently, our platform token BHT is supported and subscribed to by 56 leading institutions. This support and recognition further equips us with greater confidence looking forward.
Apart from spectacular ideas and vision, we also realize the significance of down-to-earth execution. With a half year of effort, we have produced our first cornerstone. We have successfully implemented the decentralized private key generation and multi-signature technology, and we have also successfully launched our BHEX trading platform. We are determined to move onward, following our vision for the future and building the custody and clearing infrastructure which will support the next generation blockchain assets trading and circulation marketplace. We start with great openness, and we look forward to boosting the development of whole blockchain industry.
BHEX Founder & CEO, James Ju
December 3, 2018