Phyrex|Jul 11, 2026 12:00
Sure enough, every bear market ends up sacrificing an exchange. This time it’s AscendEX, which has been around since 2018. Back then, it was called BitMax, and later rebranded to AscendEX.
Also, the parent company of AscendEX, BMXDM Technology PTE. LTD., is registered in Singapore, but the exchange’s operational entity later shifted to AscendEX Technology S.R.L., registered in Romania.
BMXDM Technology PTE. LTD. is still listed as a 'Live Company' in the records of Singapore’s Accounting and Corporate Regulatory Authority (ACRA). The registration info is UEN 201822565E.
Hope this info is helpful to everyone!
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