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ACDX Receives Investment From Alpha Sigma Capital Fund

New Zealand Tax Office Collecting Trader Data from Crypto Exchanges
New Zealand Tax Office Collecting Trader Data from Crypto Exchanges

Alpha Sigma Capital, a self-described “pioneering digital asset fund investing in emerging cryptocurrencies and blockchain companies,” has partnered with ACDX, a new “cryptocurrency derivatives exchange company founded and lead by former OKEx COO, Andy Cheung,” according to a press release.

ACDX also completed a “private sale and launched a convertible note sale that is accessible on Uniswap. Following the private sale, ACDX saw increasing demand from its community regarding its governance token ACXT, which prompted the convertible note sale on Uniswap.”

This new exchange will plan to give off “innovative crypto derivatives and structured products,” some of which are completely unique to the current cryptocurrency market.

Andy Cheung, the Founder and Executive Chairman of ACDX, comments some thoughts on the matter:

“ACDX plays the role of a catalyst to foster the cryptocurrency industry development. On the cutting edge of financial technology, we innovate new products and create new markets to better connect traders and help grow projects’ communities.”

Enzo Villani, the CEO and Chief Investment Officer of Alpha Sigma Capital, also shares some thoughts:

“We’re excited to be partnering with the ACDX team and supporting the project and company. The crypto-derivatives market has grown into a multi-billion dollar industry and the Alpha Sigma Capital team recognizes that entrepreneurs like Andy Cheung who continue to set the pace for this burgeoning financial market.”

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