DXMarkets

cryptocurrencyblockchain

FOUNDING YEAR: 2014
LOCATION:
Last Update: 04/07/2020

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About

DXMarkets is a FinTech start-up that enables financial companies to leverage blockchain technology and integrate it into their financial processes. Our distributed ledger platform enables digitalisation of investment-grade illiquid assets, which become first class financial instruments once on-boarded into our ledger and allocated to investors who bid in a closed-auction process (similar to an IPO). This creates transparency and liquidity for the assets which then become tradable securities in our digital assets exchange.

MEDICI Analysis

DXMarkets plans to re-define the way Capital Markets operate, through the adoption of Blockchain-based technologies. They issue Digitally eXchanged (DX) financial instruments, resulting in an underwriting process which brings investors and issuers together.DXMarkets offers a professional trading platform for digital currencies. Customers can buy and sell crypt-currencies online. The platform currently supports Bitcoins, Litecoins, Dogecoins, Darkcoins, and Jetcoin.

Focus

PRODUCTS & SERVICES

Trading platform for digital assets

REVENUE MODEL

DXMarkets revenue model is transaction based. We charge an issuance fee for digitalising assets and a commission for trading on our exchange platform.

MAIN CLIENTS

Retail cryptocurrency Consumers

PRIMARY PROBLEM SOLVED

Trading of physical assets is a high-friction business and is often marred by cumbersome procedures, paperwork and manual processes that add up to costs and transaction time. DXMarkets applies blockchain technology to bring these investment-grade illiquid assets into first class financial instruments that can be traded efficiently, in real-time and at a low cost. We enable efficient and transparent capital markets powered by distributed ledger technology.

INTELLECTUAL PROPERTY

Patent(s) FILED

People

FOUNDERS

Marcelo García Casil

Federico Cardoso

BOARD MEMBERS AND ADVISORS

Marcelo Garcia Casil

Federico Cardoso

Markus Gnirck

Philippe Beckers

Fouad Bajjali

Guillaume Dubray

Daniel Mark Harrison

NUMBER OF EMPLOYEES

11-50

COMMENT:

Each of our founding members is at senior level in their successful careers,have extensive experience operating in international markets. We combine a strong tech background with a strong financial background. Another unique aspect of our team is we all work remotely,rely 100% on online tools to collaborate,,this is working amazingly well even though it's now 20 of us!

Momentum

FUNDED

YES

TOTAL FUNDING

$200 K

DATE OF LAST FUNDING

Aug 2015

SEED & PRIOR FUNDING

$200 K

SEED CLOSED ON

Aug 2015

LISTED

NO

For Investors

FUNDING NEEDED:

$2 M

USES OF FUNDS RAISED:

1. Business Development

2. Legal & Compliance

3. Product Development

MONTHS LEFT WITH CURRENT CASH BURN RATE:

6 months from 2 Jun, 2016

Innovation Programs

BASICS

FOUNDING YEAR:

2014

LOCATION:

Views:

444 VISITORS | 1363 VIEWS
LATEST FUNDING ROUND

$200 K

TOTAL EMPLOYEES
11-50

About

DXMarkets is a FinTech start-up that enables financial companies to leverage blockchain technology and integrate it into their financial processes. Our distributed ledger platform enables digitalisation of investment-grade illiquid assets, which become first class financial instruments once on-boarded into our ledger and allocated to investors who bid in a closed-auction process (similar to an IPO). This creates transparency and liquidity for the assets which then become tradable securities in our digital assets exchange.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

DXMarkets plans to re-define the way Capital Markets operate, through the adoption of Blockchain-based technologies. They issue Digitally eXchanged (DX) financial instruments, resulting in an underwriting process which brings investors and issuers together.DXMarkets offers a professional trading platform for digital currencies. Customers can buy and sell crypt-currencies online. The platform currently supports Bitcoins, Litecoins, Dogecoins, Darkcoins, and Jetcoin.

Focus+
Momentum+
People+
For Investors+
Other+

Innovation Programs

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack

DXMarkets

About

DXMarkets is a FinTech start-up that enables financial companies to leverage blockchain technology and integrate it into their financial processes. Our distributed ledger platform enables digitalisation of investment-grade illiquid assets, which become first class financial instruments once on-boarded into our ledger and allocated to investors who bid in a closed-auction process (similar to an IPO). This creates transparency and liquidity for the assets which then become tradable securities in our digital assets exchange.

Focus

PRODUCTS & SERVICES

Platform for digital-issuance of investment-grade physical assets that brings investors and asset owners together in a transparent market place powered by blockchain technology. Digital assets issued by DXMarkets are first class financial instruments that private banks, family offices and accredited investors can have in their existing portfolios.

REVENUE MODEL

DXMarkets revenue model is transaction based. We charge an issuance fee for digitalising assets and a commission for trading on our exchange platform.

TOP PROBLEM SOLVED

Trading of physical assets is a high-friction business and is often marred by cumbersome procedures, paperwork and manual processes that add up to costs and transaction time. DXMarkets applies blockchain technology to bring these investment-grade illiquid assets into first class financial instruments that can be traded efficiently, in real-time and at a low cost. We enable efficient and transparent capital markets powered by distributed ledger technology.

PRODUCT DEVELOPMENT STAGE

MVP

KEY DIFFERENTIATORS

With presence Singapore, London, Geneva and Buenos Aires, we couldn't be better positioned to launch a global investment market place. Our capital markets focus in on the buy-side, which is a largely underserved segment in terms of technological innovation.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

People

FOUNDERS

Marcelo García Casil

Federico Cardoso

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

CEO, FOUNDER: Marcelo García Casil

CTO, FOUNDER: Federico Cardoso

CMO: Marc Garriga

COO: Miguel Neumann

TEAM COMMENT:

Each of our founding members is at senior level in their successful careers,have extensive experience operating in international markets. We combine a strong tech background with a strong financial background. Another unique aspect of our team is we all work remotely,rely 100% on online tools to collaborate,,this is working amazingly well even though it's now 20 of us!

BOARD MEMBERS AND ADVISORS:

Marcelo Garcia Casil, Federico Cardoso, Markus Gnirck, Philippe Beckers, Fouad Bajjali, Guillaume Dubray, Daniel Mark Harrison

Momentum

FUNDED

NO

TOTAL FUNDING:

$2 M

LISTED

NO

FUNDING SERIES