The cryptocurrency claims and trading platform OPNX, founded by Su Zhu and others, is officially launched

2023-04-04 20:54:22

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ChainCatcher news, the crypto claims and trading platform Open Exchange (OPNX), founded by Three Arrows Capital founders Su Zhu and others, has officially launched. OPNX stated that it will soon support claims for Celsius and FTX assets for users. According to the official website, OPNX currently supports cryptocurrency spot and derivatives trading services.

OPNX groups bankruptcy claims and tokenizes them, allowing these tokenized claims to be traded on an order book exchange. OPNX also allows perpetual contract trading of major assets using bankruptcy claims as collateral.

Previously, ChainCatcher reported that the public market for crypto claims trading and derivatives, OPNX, acquired all assets of CoinFLEX in early March, including personnel, technology, and tokens, with FLEX being their main token, likely to be rebranded with a 1:1 exchange ratio. Earlier, OPNX CEO Leslie Lamb stated that the CoinFLEX restructuring plan was approved and would be renamed Open Exchange. (source link)

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Su Zhu OPNX CoinFLEX

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