Cryptocurrency project BHEX raised a $15 million investment from Global Huobi, OKCoin, Node, Capital, Genesis Capital, City Holdings, and other companies. Among the founders BHEX listed former technical Director Huobi James Tszyu.

BHEX is to provide trading, custody and clearing services with cryptocurrency assets. The base of the platform, according to its creators, is “an innovative blockchain-solution” open source-based decentralized cryptographic algorithms. Team BHEX has already patented the new technology.

BHEX intends to become a decentralized platform, fully managed by the community. To use our own trading technology team BHEX has also developed an outdoor product Software-as-a service (SaaS) called BHOP.

According to James jeou, the founders BHEX have experience working at Google, Alibaba, Tencent, Baidu, Barclays Capital and Huobi.

The beginning of work of the platform is scheduled for late November.

We will remind, in November Huobi Global announced the launch of the beta platform for trading cryptocurrency derivatives.