Binance has announced that they have acquired JEX, a cryptoasset trading platform that offers spot and derivatives trading services based in Seychelles.
They announced the acquisition on Sept. 2 and stated:
“JEX will join the Binance ecosystem as Binance JEX and focus on further building the crypto-asset derivatives market.”
Binance will introduce more utility to the JEX token. Moreover, they will also provide Binance users with professional services including futures contracts, options, and other derivative products. As per the announcement.