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AscendEX Appoints Shane Molidor as New CEO

Singapore, June 09, 2022 (GLOBE NEWSWIRE) — AscendEX, a global cryptocurrency financial platform, announced today that Shane Molidor has been appointed Chief Executive Officer. He succeeds the exchange's founding partner, George Cao, who will continue to support AscendEX as Chairman.

Shane Molidor joined AscendEX (Formerly BitMax) in May of 2019 as Head of Business Development and was promoted to Chief Revenue Officer (CRO) in December of 2021. Molidor has worked professionally in the cryptocurrency industry since 2015 at top–tier institutions in both the United States and China.

A highly–regarded leader, Molidor brings to the role an intimate understanding of exchange infrastructure, custody solutions, evolving regulations, and marketplace dynamics spanning both Eastern and Western Demographics.

"I am confident to pass AscendEX's reins to Shane", Says George Cao, Former Ceo and Co–Founder, "I want to thank my team and community over the past five years for the endearing support you've had in me and this company, and for the confidence entrusted to my exceedingly qualified successor.

I will remain involved and continue to support AscendEX's Board of Directors as Chairman.

Shane Molidor is the right choice to fill this role as he has helped manage and shape this company, holds a deep understanding of the complexities of this market and brings an unmatched commitment to the position. This decision is made with a great deal of trust and optimism for the future of this brand. "

Molidor began his career in Strategy Consultation at the International Business Machines Corporation (IBM) after receiving his Bachelor's Degree from Princeton University. He then worked at Gemini, a cryptocurrency exchange and custodian, in Business Development, Institutional Sales, and Client Services. Most recently, Molidor was the Global Head of FBG One at FBG Capital, a diversified financial institution dedicated to the cryptocurrency and blockchain sectors.

Following a $50mm Series B fundraise for AscendEX in November of 2021, Molidor shares his excitement regarding the company's expansion. Since joining AscendEX, Molidor has grown the team from 15 to 65, coaching each employee to be a subject matter expert in their respective field, as well as encouraging a keen understanding of market microstructure and the ever–evolving cryptocurrency ecosystem. Molidor shares his excitement about revamping the platform's user experience, the addition of new, comprehensive products, and the future state of the company.

"I am honored to have the opportunity to succeed George and lead AscendEX into a new phase of progress and growth," notes Molidor. "As we continue to build, I am confident in the vision and the road ahead for this company, this team, and AscendEX users."

AscendEX is making crypto trading easier with innovative new products and an enhanced user experience. Follow our journey at www.AscendEX.com.

About AscendEX

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/_ascendex

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

Instagram: https://instagram.com/_ascendex/

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AscendEX Lists the Marvelous NFT Token, MNFT

International, Jan. 13, 2022 (GLOBE NEWSWIRE) — AscendEX is excited to announce the listing of the Marvelous NFT Token (MNFT) under the trading pair MNFT/USDT on AscendEX starting on January 14 at 5:30 p.m. UTC.

Marvelous NFTs is a blockchain game development company and the official intellectual property licensee of Bad Days, a decentralized strategy game and blockchain–powered site. Running on the Ethereum network and utilizing the Polygon Layer 2 protocol, Bad Days implements ERC–721 and ERC–1155 custom–developed smart contracts to enable users to own, collect, breed, sire, battle, and play unique limited–edition digital assets and crypto collectibles.

Bad Days players can develop and customize their assets, creating an immersive and multi–dimensional user experience where players can personalize and tailor their strategies to compete against other players in a series of battle scenarios.

The core token of the Bad Days ecosystem is the Marvelous NFT token, MNFT. Operating as the core currency in gameplay, MNFT allows players to not only make in–game purchases but also stake their assets to earn increased yield. MNFT tokens additionally feature two deflationary mechanisms, including fee distribution and buy–back mechanism, to maintain the stability of the token and broader game economy.

Players of Bad Days are also able to interact with the Fuse Token, yet another operational token within the Bad Days battle environments. The Fuse Token, similar to MNFT, aims at producing player–generated wealth throughout the game ecosystem. Ultimately, players are rewarded for continuous engagement and top–tier game strategy within the Bad Days platform.

Through the development of Bad Days, the Marvelous NFTs team has continued its mission to drive mainstream adoption of blockchain and GameFi by delivering high–quality blockchain–based gaming, unique opportunities for NFT ownership, and easy–to–comprehend play–to–earn mechanisms.

With the listing of MNFT, AscendEX strives to continue demystifying the world of blockchain–based gaming, allowing for more individuals to participate in the blockchain ecosystem.

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About AscendEX
AscendEX is a global cryptocurrency financial platform servicing more than one million institutional and retail traders with the resources needed to obtain more value from their crypto investments. Operating at the nexus of centralized finance and decentralized finance, AscendEX's platform features access to margin, futures, and spot trading, a robust wallet infrastructure, and staking support for over 200 industry–leading blockchain projects, all producing industry–leading yields and returns, further driving the growth of the crypto ecosystem. In efforts to cultivate scalable and secure forms of decentralized financing, AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" through supporting some of the industry's most innovative projects from the DeFi ecosystem.

To learn more about how AscendEX leverages best practices from both Wall Street and the cryptocurrency ecosystem to extract the highest value per dollar to its users, please visit:

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Marvelous NFTs
Marvelous NFTs is a blockchain game development company and the official intellectual property licensee of Bad Days, a decentralized application that runs on the Ethereum network utilizing the Polygon layer two protocol to avoid high gas fees. Bad Days was designed to be a fun and interactive game that gives users the ability to own, buy, sell, collect, upgrade, battle, and play unique limited edition digital assets from the Bad Days universe in an exciting player vs. player strategy game.

For more information and updates, please visit:

Website: https://marvelousnfts.com/
Twitter: https://twitter.com/MarvelousNfts_
Telegram: https://t.me/baddayscom

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