Evolve Markets

Bibox Exchange invests in blockchain-as-a-service network Bezant

Bibox Exchange invests in blockchain-as-a-service network Bezant
The partnership comes as Bezant expanded on its original mission of decentralized payment to evolve its platform with blockchain-as-a-service (BaaS) offerings

Bezant, a blockchain-as-a-service platform for enterprises to build dynamic services and applications on top of its blockchain network today announced a six-figure investment from Bibox Exchange, an AI-enhanced encrypted digital asset exchange.

Bibox Exchange is ranked amongst the top ten in the world in terms of exchange volume. It was founded by industry-leading blockchain, and cryptocurrency figures, the team is comprised of AI experts and core founding members of top cryptocurrency exchanges OKCoin and Huobi.

In May, Bezant hit its pre-token sale target of US$16.8 million in over an hour. Due to high demand from participants, Bezant also added a pre-sale bonus round of US$4 million one day later, which concluded in under five minutes. Following this, Bezant announced the cancellation of its main token sale in order to focus on strategic investors who bring invaluable experience to Bezant in addition to capital.

“We are impressed by Bezant’s vision and are keen to partner with their team to push the boundaries of blockchain’s role into mainstream business operations. Bibox is very selective of whom we partner with and we see great potential in the Bezant team. Made up of heavyweight industry veterans, Bezant’s founding members have a proven track record of building solutions that address real-world needs. We believe that Bezant is on the cusp of demonstrating its power to revolutionize the blockchain industry and our investment in the company reflects this. We look forward to expanding this partnership in the future.”

Jeffrey Lei, CEO of Bibox

“Bezant is thrilled to receive the strategic investment from Bibox, a globally recognized exchange that is at the forefront of the industry. We’ve always admired them as they have built an incredible team and offering that is so seamless and simple that even users new to the cryptocurrency space can use with ease.”

Daesik Kim, Chief Cryptocurrency Officer of Bezant

“We look forward to our partnership with Bibox as they will provide us with tremendous insight and value beyond monetary investment. Their guidance will help us grow Bezant into a company at the leading edge of both the blockchain and content platform industries. In this fast-growing space, it is important to have strategic partners that you trust to build off their experience and innovate in ways that neither company could do on their own.”

Oh Thongsrinoon, Chief Strategy Officer and Chief Marketing Officer of Bezant

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