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BitMart Established BMX 10 Millions Eco-Fund at “Night of Consensus”

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Sep 17, 2019, Shanghai —— BitMart, a licensed premier global digital asset trading platform hosted the Pre-A round of equity financing reception and “Night of Consensus” at W Shanghai – the Bund Hotel.

There were many exciting events during the Shanghai International Blockchain Week and a mass of high-quality projects participated in this grand event. Benefited from the more friendly regulation environment, increasingly traditional institutions are stepping into the blockchain industry, highlighting this year’s Blockchain Week.

Co-hosted by GF.network, NOVA Club and MiiX, the event was supported by major financial institutions including Fenbushi Capital, Bitrise Capital, Finwex, CRC Capital, Sli.top, Token Roll, and top tire crypto media such as Cointelegraph, Crypto Valley, Xcong.com, PANews and Chain News.

The reception was first addressed by Mr. Sun Ming, a partner at Fenbushi Capital. He interpreted the strategy and logic behind their investment in BitMart, showcasing his big confidence and support for the future global layout of BitMart platform.

Mr. Sun Ming, partner at Fenbushi Capital | Source: Bitmart

Mr. Sun Ming, partner at Fenbushi Capital

Founded in 2015, Fenbushi Capital is the first China-based venture capital firm that exclusively invests in Blockchain-enabled companies. Their mission is to accelerate the inevitable future of Blockchain economy by supporting as many companies as possible, aiming to bring more transparency, efficiency, and robustness into the global economy.

Followed by Sun Ming, Sheldon Xia, founder, and CEO of BitMart delivered a “thank you” speech to all the honored guests. He further introduced BitMart’s global developing strategy, including their recent launch of a fiat channel for the US market, being the 5th crypto exchange offering fiat service after Coinbase. Along with his speech, Mr. Xia announced the establishment of BMX 10 Million Eco-Fund, showcasing BitMart’s vision in the global strategic layout.

Sheldon Xia, founder and CEO of BitMart | Source: Bitmart

Ren Zheng, partner of Consensus Lab and BMX 10 Million Eco-fund, delivered a speech on behalf of Bitrise Capital, DFG Crypto, Nova Club, CRC Capital, The Cabin Capital, Engine Capital, and Chain Fir Capital. Ren said with many well-known investment institutions joining the BMX 10 Million Eco-Fund, it will be the unanimous mission of its members to jointly develop the blockchain application technology solutions and cultivate the world’s leading blockchain projects.

Ren Zheng, partner of Consensus Lab | Source: Bitmart

Consensus Lab is an institutional investor engaged in the research, investment and incubation integration of the blockchain field, jointly established by Fred Wang, founder of Mars Finance. Consensus Lab is one of the major investment institutions in China’s blockchain industry, including Consensus Investment Fund, Consensus Quantitative FOF, and Consensus Industry Alliance Fund. Consensus Lab focuses on and invests in technical platforms, infrastructure and internationalized projects that related to blockchains. Meanwhile, Consensus Lab is one of the founding members of Nova Club.

BitMart “Night of Consensus” was crowded with brilliant stars. Industry leaders from traditional finance and the emerging digital economy gathered together, exploring the future of blockchain in the collision of discussion and ideas. With the continuous development of the industrial ecology, BMX 10 Million Eco-Fund will also provide assistance for developing and cultivating world-class blockchain projects.

Source: Bitmart

About BitMart

BitMart is a premier global digital asset trading platform with over 900,000 users worldwide. BitMart currently offers 252 trading pairs with comparatively low trading fees in the market. BitMart has collaborated with Columbia University, New York University, and MIT to promote blockchain education and to facilitate career development. BitMart is also a research partner of Blockchain Lab at The State University of New York at Stony Brook since 2018. As of today, BitMart has offices in South Korea, Hong Kong, United States, and Nigeria with employees in 15 different countries and regions.

To learn more about BitMart, visit their Website, Twitter or join their Telegram.

Disclaimer: This is a paid post and should not be considered as news/advice.

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Biraajmaan is a full-time journalist at AMBCrypto covering the US market. A graduate in Automobile engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.
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