Sublime Group initiates market making operations on blockchain exchange operator BlockEx

Digital asset exchange and technology provider BlockEx today has announced that Sublime Group has joined its market maker program and started operations on BlockExMarkets.com.

Sublime Group offers an end-to-end solution in helping businesses raise funds through tokenization and the creation of digital assets.

Adam Leonard, CEO at BlockEx said: “Market Making is a core part of any mature exchange and we are particularly delighted to welcome Sublime Group aboard to our market maker program because they are a great fit for our business.”

Leonard continued “I’m also pleased with the progress we’ve made across our business as we execute our strategy. In the last six months we’ve successfully released our own token, the DAXT; delivered a string of third-party ICOs on our BlockExMarkets.com platform; and announced a partnership to open up a regulated service in the US. And we have an exciting pipeline of further initiatives planned for the rest of 2018.”

Rishan Bhagowat, Director of Sublime Group, added: “The digital token age is upon us and BlockEx has shown they are the institutional-grade exchange provider that bridges the traditional and new capital worlds. This shared vision makes BlockExMarkets.com an ideal market for us to support. We’re more than excited to partner with BlockEx and contribute to the realization of the next generation of capital markets.”

BlockEx Token (DAXT)

BlockEx further announced today that it is streamlining processes and increasing the utility of its native token. Companies will now be required to pay a part of their primary listings fees, and all of their secondary listing fees, in DAXT.