PRESS RELEASE

Leading Crypto Exchange MEXC Global Integrates Nervos Token Standard to Aid Future Growth

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Nov 26, 2021

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MEXC Global, one of the world’s foremost digital assets and crypto exchanges, today announces it will bring the native token standard of Nervos to the exchange to help future token listings for projects building on the network. 

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MEXC Global will integrate Nervos’ Simple User-Defined Token (sUDT) into its exchange platform, this will allow MEXC Global to raise access for users to cross-border projects in Asian, European and American markets.

Overflowing with talent

“The blockchain ecosystem is overflowing with talent and potential, and Nervos is focused on nurturing developers by providing them with the best tools and resources,” said Katherine Deng,  VP at MEXC Global. “With the new integration, we look forward to working together with Nervos to support and promote developers and projects as they grow.”

Nervos’ sUDT standard allows any developer or decentralized app (dApp) building on Nervos to launch tokenized assets anchored by Common Knowledge Base (CKB), the permissionless Layer 1 blockchain of the Nervos ecosystem. 

From November 25, MEXC Global will be able to easily list tokens issued on Nervos, opening up access to the millions of crypto enthusiasts and traders who use the platform to create and build upon.

In addition, MEXC Global will help new projects building on Nervos with technical support and listing and marketing resources, while also investing in promising teams and projects, giving MEXC Global and its global user base of millions access to Nervos’ projects and new markets around the world. 

Important milestone

“Our partnership with MEXC Global marks an important milestone as we look to bolster our ecosystem tools and services to drive the next generation of interoperability,” said Kevin Wang, co-founder of Nervos. “With MEXC’s support and resources, we look forward to opening up new opportunities for projects building on Nervos and introducing them to new audiences around the world.” 

For Nervos, the integration helps the chain move toward its mission of creating a truly interoperable blockchain ecosystem that will empower the creation of Universal Applications, apps that transcend individual blockchains to work seamlessly across every chain in the ecosystem. Moreover, integrations with exchanges such as MEXC Global will bolster the Nervos ecosystem by offering a more seamless way to list tokens, giving projects and developers more time and energy to focus on building. 

Established in 2018, MEXC Global is a centralized digital assets exchange that employs high-performance mega-transaction matching technology. In 2019, the exchange saw tremendous growth, gaining a 5% share of the global cryptocurrency trading market. In addition to Nervos, MEXC has worked with blockchains such as Polygon and Solana to create better developer and user experiences across multiple networks. 

About MEXC Global 

Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries. 

For more information, please visit: MEXC Global

Follow MEXC Global at Twitter and Telegram.

About Nervos

The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the biggest challenges facing blockchains like Bitcoin and Ethereum today.

The Nervos Common Knowledge Base (CKB) is the layer 1, proof of work, public permissionless blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability, and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. Its unique crypto-economic model is designed to better align the interests of users, developers, and miners as compared to first-generation blockchains.

For more information on Nervos, visit www.nervos.org.

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PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

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