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Zipmex crypto exchange is launched locally



The stock exchange will be the first in the country to collect volume from some of the world's largest exchanges and desks, which will provide users with higher liquidity. Zipmex will also offer insurance for the storage of digital assets.

Zipmex Australia was launched in collaboration with specialized blockchain firm Decentralized Capital, a blockchain and consulting firm focused on assets and services for institutional qualities.

"The opportunity to gather volume from global exchanges and OTC desks to a platform is exciting, and a huge step forward for the industry," said Decentralized Capital founder and CEO Stephen Moss.

Lim also plans to release the world's first institutional-sponsored gold-backed token called xbullion on the exchange, saying that 30 tokens will be released to the Australian Stock Exchange over the next 1

2 months and 100 tokens will be available by 2020.

Zipmex is registered in the Australian Transaction Reporting and Analysis Center (AUSTRAC).


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