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AscendEX Appoints Shane Molidor as New CEO

Singapore, June 09, 2022 (GLOBE NEWSWIRE) — AscendEX, a global cryptocurrency financial platform, announced today that Shane Molidor has been appointed Chief Executive Officer. He succeeds the exchange's founding partner, George Cao, who will continue to support AscendEX as Chairman.

Shane Molidor joined AscendEX (Formerly BitMax) in May of 2019 as Head of Business Development and was promoted to Chief Revenue Officer (CRO) in December of 2021. Molidor has worked professionally in the cryptocurrency industry since 2015 at top–tier institutions in both the United States and China.

A highly–regarded leader, Molidor brings to the role an intimate understanding of exchange infrastructure, custody solutions, evolving regulations, and marketplace dynamics spanning both Eastern and Western Demographics.

"I am confident to pass AscendEX's reins to Shane", Says George Cao, Former Ceo and Co–Founder, "I want to thank my team and community over the past five years for the endearing support you've had in me and this company, and for the confidence entrusted to my exceedingly qualified successor.

I will remain involved and continue to support AscendEX's Board of Directors as Chairman.

Shane Molidor is the right choice to fill this role as he has helped manage and shape this company, holds a deep understanding of the complexities of this market and brings an unmatched commitment to the position. This decision is made with a great deal of trust and optimism for the future of this brand. "

Molidor began his career in Strategy Consultation at the International Business Machines Corporation (IBM) after receiving his Bachelor's Degree from Princeton University. He then worked at Gemini, a cryptocurrency exchange and custodian, in Business Development, Institutional Sales, and Client Services. Most recently, Molidor was the Global Head of FBG One at FBG Capital, a diversified financial institution dedicated to the cryptocurrency and blockchain sectors.

Following a $50mm Series B fundraise for AscendEX in November of 2021, Molidor shares his excitement regarding the company's expansion. Since joining AscendEX, Molidor has grown the team from 15 to 65, coaching each employee to be a subject matter expert in their respective field, as well as encouraging a keen understanding of market microstructure and the ever–evolving cryptocurrency ecosystem. Molidor shares his excitement about revamping the platform's user experience, the addition of new, comprehensive products, and the future state of the company.

"I am honored to have the opportunity to succeed George and lead AscendEX into a new phase of progress and growth," notes Molidor. "As we continue to build, I am confident in the vision and the road ahead for this company, this team, and AscendEX users."

AscendEX is making crypto trading easier with innovative new products and an enhanced user experience. Follow our journey at www.AscendEX.com.

About AscendEX

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/_ascendex

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

Instagram: https://instagram.com/_ascendex/

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GLOBENEWSWIRE (Distribution ID 8569592)

AscendEX Lists the Marvelous NFT Token, MNFT

International, Jan. 13, 2022 (GLOBE NEWSWIRE) — AscendEX is excited to announce the listing of the Marvelous NFT Token (MNFT) under the trading pair MNFT/USDT on AscendEX starting on January 14 at 5:30 p.m. UTC.

Marvelous NFTs is a blockchain game development company and the official intellectual property licensee of Bad Days, a decentralized strategy game and blockchain–powered site. Running on the Ethereum network and utilizing the Polygon Layer 2 protocol, Bad Days implements ERC–721 and ERC–1155 custom–developed smart contracts to enable users to own, collect, breed, sire, battle, and play unique limited–edition digital assets and crypto collectibles.

Bad Days players can develop and customize their assets, creating an immersive and multi–dimensional user experience where players can personalize and tailor their strategies to compete against other players in a series of battle scenarios.

The core token of the Bad Days ecosystem is the Marvelous NFT token, MNFT. Operating as the core currency in gameplay, MNFT allows players to not only make in–game purchases but also stake their assets to earn increased yield. MNFT tokens additionally feature two deflationary mechanisms, including fee distribution and buy–back mechanism, to maintain the stability of the token and broader game economy.

Players of Bad Days are also able to interact with the Fuse Token, yet another operational token within the Bad Days battle environments. The Fuse Token, similar to MNFT, aims at producing player–generated wealth throughout the game ecosystem. Ultimately, players are rewarded for continuous engagement and top–tier game strategy within the Bad Days platform.

Through the development of Bad Days, the Marvelous NFTs team has continued its mission to drive mainstream adoption of blockchain and GameFi by delivering high–quality blockchain–based gaming, unique opportunities for NFT ownership, and easy–to–comprehend play–to–earn mechanisms.

With the listing of MNFT, AscendEX strives to continue demystifying the world of blockchain–based gaming, allowing for more individuals to participate in the blockchain ecosystem.

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About AscendEX
AscendEX is a global cryptocurrency financial platform servicing more than one million institutional and retail traders with the resources needed to obtain more value from their crypto investments. Operating at the nexus of centralized finance and decentralized finance, AscendEX's platform features access to margin, futures, and spot trading, a robust wallet infrastructure, and staking support for over 200 industry–leading blockchain projects, all producing industry–leading yields and returns, further driving the growth of the crypto ecosystem. In efforts to cultivate scalable and secure forms of decentralized financing, AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" through supporting some of the industry's most innovative projects from the DeFi ecosystem.

To learn more about how AscendEX leverages best practices from both Wall Street and the cryptocurrency ecosystem to extract the highest value per dollar to its users, please visit:

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Marvelous NFTs
Marvelous NFTs is a blockchain game development company and the official intellectual property licensee of Bad Days, a decentralized application that runs on the Ethereum network utilizing the Polygon layer two protocol to avoid high gas fees. Bad Days was designed to be a fun and interactive game that gives users the ability to own, buy, sell, collect, upgrade, battle, and play unique limited edition digital assets from the Bad Days universe in an exciting player vs. player strategy game.

For more information and updates, please visit:

Website: https://marvelousnfts.com/
Twitter: https://twitter.com/MarvelousNfts_
Telegram: https://t.me/baddayscom

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GLOBENEWSWIRE (Distribution ID 8426778)

AscendEX Lists Battle of Guardians Token, BGS

International, Jan. 13, 2022 (GLOBE NEWSWIRE) — AscendEX is thrilled to announce the listing of the Battle of Guardians Share Token (BGS) under the trading pair BGS/USDT starting on January 14th at 2 p.m. UTC.

Battle of Guardians (BOG) is a real–time, multiplayer NFT fighting game that allows players to utilize their NFT assets as fighting avatars in an all–out battle of skills, where heightened skill is recognized with in–game rewards. Developed in Unreal Engine and built atop the Solana Network, BOG was designed with multiplayer capabilities that allow global players to engage in fierce, multi–realm battles in the expansive Sci–Fi game ecosystem. The project currently offers a selection of 30 unique NFTs and is equipped with an NFT Synthesis feature that allows players to upgrade the tier of their fighting avatars. BOG is being developed for PC–based gaming, with iOS and Android cross–platform multiplayer features becoming available in the future.

Recently, the play–to–earn model has become the standard for new–to–market, blockchain–based gaming ecosystems. The convergence of gaming and finance through NFTs has become an exciting and interactive way for players of games, and owners of NFTs, to earn real–world rewards. BOG aims to emphasize the "play" aspect of the play–to–earn movement by offering multiple modes of play. In BOG gameplay, players can battle in Player vs. Environment (PvE), Player vs. Player (PvP), or Tournament modes, using their collection of NFT avatars. With a tiered system of playable NFTs, a variety of gaming modes, and a rewards model in place, BOG will become the go–to platform for players to test their skills and agility while earning rewards in–game.

A unique feature of BOG's NFT structure is the ability for players to rent NFTs, which adds yet another revenue stream for players looking to leverage the BOG ecosystem. Owners of specific NFTs can rent their assets out to players who are eager to play the game, but do not yet want to commit to purchasing their own asset. By implementing this mechanism, both established players and inquisitive newcomers can earn increased in–game rewards, maximizing the utility of the NFTs featured in the BOG game.

To further incentivize players for continued gameplay and reward players for remarkable in–game achievements, Battle of Guardians will feature two tokens: the Battle of Guardians Share token (BGS) and the Fighting Points token (FP). Both tokens will be utilized within the game's various modes for purchasing NFT characters and in–game assets, whereas BGS can uniquely be leveraged as a governance token to contribute to the development of the game. Players will also have the ability to stake their BGS tokens to generate additional yield and further their involvement in the BOG ecosystem.

AscendEX is excited to debut the trading of the BGS token and support the growth of the play–to–earn GameFi Ecosystem.

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About AscendEX
AscendEX is a global cryptocurrency financial platform servicing more than one million institutional and retail traders with the resources needed to obtain more value from their crypto investments. Operating at the nexus of centralized finance and decentralized finance, AscendEX's platform features access to margin, futures, and spot trading, a robust wallet infrastructure, and staking support for over 200 industry–leading blockchain projects, all producing industry–leading yields and returns, further driving the growth of the crypto ecosystem. In efforts to cultivate scalable and secure forms of decentralized financing, AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" through supporting some of the industry's most innovative projects from the DeFi ecosystem.

To learn more about how AscendEX leverages best practices from both Wall Street and the cryptocurrency ecosystem to extract the highest value per dollar to its users, please visit:

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Battle of Guardians
Battle of Guardians is a real–time multiplayer NFT Fighting Game that allows players to utilize their NFT asset as Fighters in the battlefield. Battle of Guardians is multiplayer ready, built by a game studio with 7+ years of experience.

For more information and updates, please visit:

Website: https://battleofguardians.com/
Twitter: https://twitter.com/BOG_Official_
Telegram: https://t.me/battleofguardianschat

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GLOBENEWSWIRE (Distribution ID 8426794)

Jet Protocol Lists on AscendEX

Singapore, Oct. 08, 2021 (GLOBE NEWSWIRE) — AscendEX is thrilled to announce the listing of the Jet Protocol token (JET) under the trading pair JET/USDT on Oct. 14 at 1 p.m. UTC. To celebrate the listing of JET, AscendEX will host two separate auctions that will take place simultaneously on October 13 between 1 p.m. and 2 p.m. UTC.

Jet Protocol will be launched as an open–source, non–custodial, borrowing and lending protocol on the Solana Blockchain. It engineers new possibilities for capital efficiency, performance, and scalability. Jet allows users to participate in lending pools where they deposit supported tokens to receive interest, or "yield" over time, as a participation incentive. Those deposits remain in a pool used for issuing loans to other users for as long as the assets remain delegated.

Jet believes that borrowing and lending protocols are integral to the DeFi ecosystem. The decision to build on Solana was based on its unmatched transaction speed and low fees. The Solana integration will allow Jet to contribute and grow on–chain DeFi lending. The project anticipates a gradual integration of broader interest and more efficient trading. In addition to lending, Jet will introduce interest rate products and secondary markets on Serum, facilitating ongoing, community–driven, lending product research and development. Through these methods, Jet makes it easy for users to earn interest with their JET tokens.

Jet is planning to launch with a dedicated governance system that leverages their founding team's unique and extensive experience in protocol governance. This governance–oriented approach aims to work with the community to set a clear precedent toward how the Protocol will operate. Jet will innovate on tested governance models from existing protocols while focusing on community ownership and engagement. The most important aspect of this approach is to build an inclusive community to research, design, and implement useful lending products. So, the token holders will have a say in the future of the platform. This focus on community is core to Jet's mission of bringing DeFi protocols into the mainstream.

Prior to a successful mainnet launch this week, Jet recently completed a follow–on funding round that included AscendEX among other partners bringing in a total of $6.8mm to the project. This latest fundraise has highlighted the strong support for Jet from a variety of stakeholders including AscendEX.

About AscendEX
AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Jet Protocol
Jet Protocol will launch as an open–source, non–custodial borrowing and lending Protocol on the Solana Blockchain. Jet re–engineers what's possible in terms of capital efficiency, performance, and scalability on Solana. The Protocol allows users to participate in lending protocols where they deposit supported tokens to the platform and then receive interest on their deposits to incentivize participation.

For more information and updates, please visit:
Website: https://Jetprotocol.io
Twitter: https://twitter.com/JetProtocol
Telegram: https://t.me/jetprotocol
Discord: https://discord.gg/BsF3cEbdV9

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GLOBENEWSWIRE (Distribution ID 8370322)

Kava Swap Lists on AscendEX

Singapore, Aug. 31, 2021 (GLOBE NEWSWIRE) — AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on September 1st at 1 p.m. UTC.

Kava is focused on democratizing financial services and making them openly accessible to anyone, anywhere in the world. Kava Chain is a decentralized, permissionless, censorship–resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable with other chains.

Kava.io is the first cross–chain Decentralized Finance (DeFi) hub providing applications and services to the world's largest cryptocurrencies. Kava's platform operates as a decentralized bank for digital assets connecting users with products like stablecoins, loans, and interest–bearing accounts so that they can do more and earn more with their digital assets. For example, sers can deposit their digital assets and use them as collateral to borrow Kava's crypto–backed stablecoin, USDX. The native swap token (SWP), launching Monday Aug. 30, allows users to swap and engage with multiple assets across different chains.

Kava Swap is a cross–chain liquidity hub for all DeFi apps and financial services. Its purpose is to enable the aggregation of capital where it can then be deployed seamlessly across different blockchain ecosystems, DeFi apps, and financial services. At its core, Kava Swap is a cross–chain Autonomous Market Making (AMM) Protocol that leverages the Kava platform's DeFi infrastructure, cross–chain bridges, and security. Kava Swap delivers users a seamless way to swap between assets of different blockchains and deploy their capital into market–making pools where they can earn handsome returns.

The Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced DeFi functionality like permissionless borrowing and lending. Like most Cosmos ecosystem blockchains, the automated transaction behaviors known as "Smart Contracts" are hardcoded into the protocol. They are referred to as "modules" in the Cosmos Ecosystem. The Kava App uses a special kind of module called a CDP. Hard Protocol is an application that runs on Kava Chain. It does not have its own blockchain. It builds upon the Kava Protocol and adds new functionality, expanding the Kava Ecosystem to include an autonomous money market protocol.

The HARD token is a unique token on the Kava Chain. It is given as a reward for supplying and borrowing on the Hard app. KAVA, the native token of the KAVA protocol, is used as a Proof of Stake (POS) staking asset, which ensures the finality and safety of loans on the protocol and also acts as the "lender of last resort' in certain situations. The Kava Chain is secured by its native token KAVA and it is used across the full chain as a transport and a store of value. It is given as a reward for minting USDX on the Kava app. USDX is a stable coin loosely pegged to the US Dollar. It is minted when a Kava CDP is opened. KAVA, SWP, and HARD are all governance tokens, meaning holders can vote on the rules and proposed new features of the protocols.

About AscendEX

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions. AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Kava Swap

Kava Labs is focused on democratizing financial services and making them openly accessible to anyone, anywhere in the world. Kava is the first cross–chain Decentralized Finance (DeFi) hub providing applications and services to the world's largest cryptocurrencies. Kava's platform operates as a decentralized bank for digital assets connecting users with products like stablecoins, loans, and interest–bearing accounts so that they can do more and earn more with their digital assets.

For more information and updates, please visit:

Website: https://www.kava.io/

Twitter: https://twitter.com/Kava_Swap

Telegram: https://t.me/KavaSwap

Medium: https://medium.com/kava–labs


GLOBENEWSWIRE (Distribution ID 8318393)

PolkaFoundry to List on AscendEX

Singapore, Aug. 09, 2021 (GLOBE NEWSWIRE) — AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the listing of PolkaFoundry token (PKF) under the pair USDT/PKF on Aug 10 at 1 p.m. UTC.

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot. PolkaFoundry aims to be the most convenient platform for developers to build DeFi and NFT dapps, providing a platform for making dapps easily accessible to mainstream end–users. PolkaFoundry will achieve this by utilizing Polkadot's interoperability and scalability and integrating various DeFi–friendly services onto the platform. In addition, PolkaFoundry focuses heavily on ensuring the UX and features of their dApps are simple to use, promoting mainstream adoption.

The native token PKF has several utilities, including payment for services and transaction fees in the PolkaFoundry ecosystem and payments for PolkaFoundry's partners' services. In addition, PKF is used for staking and governance so users can earn shares of block rewards and participate in the on–chain governance process to earn additional rewards for voting on proposals.

PolkaFundry believes that the most significant barrier to blockchain adoption is the complexity of the UX on most platforms and dApps. The average person has difficulty engaging with crypto projects because many projects did not design their UX's for mainstream users. Concepts like wallets, private keys, coins, exchanges, etc. require education and can confuse new users leaving many dApps with a small active user base. Polkafoundry has spent years researching dapp UX's and has used their research to develop the UX built into PolkaFoundry to enable novice users and professionals to access and use the platform easily.

Polkadot promises a fast–growing ecosystem that offers security, scalability, and interoperability, so PolkaFoundry decided to build its platform on it. To enable dapps to port from Ethereum, PolkaFoundry is EMV–compatible. PolkaFoundry's foundational goal is to bring the benefits of blockchain to the masses by making its products and services accessible to people outside the crypto community.

About AscendEX

AscendEX (formerly BitMax) is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Polkafoundry

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot. PolkaFoundry aims to be the most convenient platform for developers to build DeFi and NFT dapps providing a platform for them to make dapps that are easily accessible to end–users.

For more information and updates, please visit:

Website: https://polkafoundry.com/

Twitter: https://twitter.com/PolkaFoundry

Telegram: https://t.me/PolkaFoundry

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GLOBENEWSWIRE (Distribution ID 8305984)