The co-founder and CEO of Arthur Hayes reported that HDR Global Trading, the stage administrator of Bitmex’s important crypto-subsidiaries, was establishing another organizational structure of the holding, marked as 100x, “to look for a more extensive view to change the advanced structure related to money” today’s day.
“The new structure will incorporate all the benefits of HDR, for example Bitmex, which was implemented in 2014. As Hayes pointed out, this improvement will give them more opportunities to examine, reflect and explore new provisions and speculation, while outstanding entirely devoted to improving Bitmex’s administrative position.”
Bitmex parent has grown 100 times, doubling the stock market’s growth 102 Assembly logo.
Bitmex’s stage, brand, and legitimate structure remain largely unchanged from the 100x Group, but we will halve Bitmex’s development through continuous product promotion and innovation. Bitmex is and will remain the basis of our prosperity, “The CEO said in a blog entry”.
The 100x agreement includes the exchange phase and 100x Ventures, a crypto-speculation organization owned by businesses such as Maicoin, Merkle Science, PDAX and Sparrow. The meeting is attended by more than 200 people.
Group 100x is led by the creators of HDR, Arthur Hayes, Ben Del and Sam Reed. They were also joined by the recently delegated Informal Administrator, Dr David Wong, who had previously worked at the Bank of China (Hong Kong), and an employee of ABN AMRO Bank, who is now responsible for overseeing the Group’s development methodology.