Business Wire

ANKEX

29.11.2022 16:03:37 CET | Business Wire | Press release

Share
New Hybrid Exchange Ankex Delivers High-Performance Crypto Trading From Secure Self-Custody

Ankex announces the launch of a new kind of hybrid crypto derivatives exchange which offers sophisticated trading and transparency from the secure self-custody of a decentralized wallet.

The launch comes at a time when recent events have shattered investor confidence and drawn attention to the major security and performance trade-offs that investors are forced to accept when trading on either centralized or decentralized cryptoasset exchanges.

Whilst centralized exchanges typically offer deeper liquidity, lower latency, and tighter spreads, investors are forced to surrender their funds to an exchange-managed wallet which is vulnerable to hacking or malpractice.

Ankex’s hybrid model removes this trade-off, enabling high-performance trading from secure self-custody, one of the main benefits of decentralized exchanges.

When trading on Ankex, user assets remain in secure wallets (“Vaults”) protected by Qredo’s decentralized MPC (dMPC) and located on its Layer 2 blockchain. Because no assets are locked on the exchange, users can maximize capital efficiency by deploying funds instantly from their Vault to other trading and Web3 opportunities as they arise.

Other Ankex user benefits include real-time verification of proof of reserves across all exchange participants, and comprehensive proof of liquidation reporting.

Ankex has been built by a team of experienced professionals from other cryptoasset exchanges. The project received incubation support from Qredo’s investment arm, Qredo Ventures. The exchange is expected to launch next year, with the waitlist opening today, to register for first access and further news.

“Given the events of recent weeks, there is a new appetite for sophisticated exchange capabilities without the need to trust a third party or cede control of your assets,” said Alex Petryk from Ankex's Marketing team. “Ankex’s new hybrid approach resolves this trade-off and gives investors the best of both centralized and decentralized worlds. We’re delighted that Qredo’s dMPC and Layer 2 architecture is playing such an important part in this game-changing new platform.”

About Ankex

Ankex’s team of experienced technologists is ready to change the way you trade crypto derivatives. Designed for investors of every size, Ankex is a new kind of hybrid exchange that combines the advantages of a centralized trading venue, with the security, control, and transparency offered by non-custodial, decentralized exchanges. Watch this space.

Follow Ankex on Twitter and http://ankex.com/

About Qredo

Qredo is a decentralized digital asset management infrastructure and product suite designed to unlock new opportunities for institutional investors in digital assets and decentralized finance. Its Layer 2 blockchain protocol enables users to seamlessly transfer and settle BTC, ETH, BNB Chain, Solana, Polkadot and ERC-20 tokens. Assets are secured by Qredo’s advanced Gen 2.0 multi-party computation (MPC), which provides tier-1 bank security and institutional-grade governance.

Follow Qredo on Twitter and LinkedIn

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221128005770/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

MediaCo Appoints Brian Fisher as President21.7.2026 22:15:00 CEST | Press release

Leadership Appointments Align Executive Team to Support Company's Next Phase of Growth MediaCo Holding Inc. (Nasdaq: MDIA) today announced executive leadership appointments that align the Company's leadership structure to support its long-term growth strategy. Effective immediately, Brian Fisher has been appointed President of MediaCo. Albert Rodriguez will continue to serve as Chief Executive Officer, focusing on the Company's long-term strategy, growth initiatives and shareholder value, while Fisher assumes responsibility for leading the Company's day-to-day operations and execution. The Company also announced that Roberto Castro has been appointed Interim Chief Financial Officer and Interim Treasurer, overseeing the Finance organization while a search is conducted for a permanent Chief Financial Officer. "MediaCo has built tremendous momentum, and these leadership appointments position us well for our next phase of growth," said Albert Rodriguez, Chief Executive Officer of MediaCo.

Footprint Expands Into PE-Free Cups, Bringing a Proven, Recyclable and Home-Compostable Alternative to Plastic-Lined Paper Cups Into Production21.7.2026 18:00:00 CEST | Press release

Move strengthens Footprint’s European manufacturing platform and supports growing demand for practical alternatives to single-use plastic Footprint, a materials science and technology company focused on eliminating single-use plastics, today announced it has acquired a recyclable, home-compostable, polyethylene (PE)-free hot and cold cup platform from Transcend Packaging, along with next-generation paper lid and straw solutions. Transcend Packaging is a European company focused on innovation in sustainable packaging solutions. Together, the cup, lid, and straw expand Footprint’s portfolio with a proven solution for the global cup market. Footprint will begin scaling its new PE-free solution through its Poland facility as the company expands across Europe, with North America to follow. As operations ramp in Poland, Footprint will work with Transcend through a manufacturing partnership to support customer continuity across Europe and meet growing demand for practical alternatives to plas

Spectro Cloud Launches PaletteAI Inference Launchpad to Reduce Enterprise Token Costs by up to 70%21.7.2026 16:00:00 CEST | Press release

New turnkey, locally managed PaletteAI Inference Launchpad helps enterprises control token costs with local-first inference, while expanded PaletteAI support for AMD gives customers more choice across GPUs, models and AI infrastructure stacks. Spectro Cloud, a leading provider of AI infrastructure management software, today launched PaletteAI Inference Launchpad, a turnkey, locally managed solution designed to help enterprises reduce token costs by as much as 70% and run AI inference closer to their data, applications and users. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260721597271/en/ The company also announced expanded PaletteAI support for AMD-powered AI infrastructure, including AMD GPUs, AMD GPU Operator, ROCm™ runtime, and the AMD enterprise AI reference stack — including AMD-optimized models from the AMD Inference Microservices (AIMs) catalog. Together, the announcements expand PaletteAI as one platform for prod

RecVue Launches First AI Native Agentic Revenue Operating System21.7.2026 15:03:00 CEST | Press release

New agentic architecture for RevOS runs enterprise revenue across the order-to-cash lifecycle and surfaces cross-system intelligence RecVue, the leader in billing and revenue management solutions, today announced the evolution of RecVue RevOS into the industry's first Agentic Revenue Operating System. In an architectural shift, the now-native agentic revenue management platform moves revenue operations beyond AI-assisted workflows to fully governed, autonomous execution with more than 50 purpose-built agents that work across contracts, invoices and payment data to predict risk, surface anomalies and escalate exceptions throughout the quote-to-cash lifecycle. Enterprise revenue operations have long suffered from a structural gap between billing systems that generate invoices and ERP systems that record transactions. Finance teams face tedious, manual reconciliation month after month, often resulting in delayed cash, billing errors that generate disputes, revenue leakage from ungoverned

Yubico Extends Passkeys Beyond Trusted Authentication to Verified Authorization with Launch of YubiKey 5.821.7.2026 15:00:00 CEST | Press release

YubiKey 5.8 extends hardware-backed assurance from authentication into emerging digital signature, wallet, payment and agentic approval workflows Yubico (NASDAQ STOCKHOLM: YUBICO), the pioneer of phishing-resistant authentication and creator of the original passkey, the YubiKey, today announced the general availability of its YubiKey 5.8 – marking an expansion of the role of the passkey from secure authentication to include verifiable, hardware-backed authorization. The new firmware delivers a foundation for secure enterprise workflows across identity wallets, document signing, and AI-driven approvals, while also providing developers with the critical capabilities needed to test, design and deploy these next-generation security features early. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260721286409/en/ As generative and agentic AI mature to drive rapid, automated cyberattacks, traditional multi-factor authentication (MFA

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye