Hybrid crypto exchange Ankex, backed by DeFi infrastructure firm Qredo, has launched.
The FTX bankruptcy, one of the events that triggered the crypto bear market, brought new opportunities with it. The collapse of FTX, one of the largest cryptocurrency exchanges in the world, gave opportunity to new crypto platforms. Especially on the decentralized exchanges side, there was an increase in users and volume. Unable to keep their assets on a centralized exchange, users flocked to decentralized wallets. Trust Wallet also got its share from the interest in wallets.
On the other hand, DeFi products also come to the fore. DeFi, one of the decentralized tools of the financial sector, has reached billions of dollars in assets. In all these processes, a new project emerged with the Qredo investment. Ankex announced its launch.
Ankex Announces Hybrid Crypto Exchange With Qredo Support
Panama-based Ankex aims to combine the advantages of decentralized and centralized exchanges. Qredo was the biggest supporter of Ankex, which will serve as a hybrid crypto exchange. Crypto infrastructure project Qredo has made strong investments for Ankex.
Combining the perceptions of centralized and decentralized, the exchange emerged with a unified DeFi style. The exchange aims to embody self-custodial services. In addition, users of the exchange will entrust their assets to Qredo vaults. The vaults, executed by multi-party calculations, will be managed on the Qredochain network.
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