PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Xend Token (XEND) under the pair USDT/XEND on Apr 2 at 1:00 p.m. UTC.
Xend Finance is a DeFi platform for cooperatives and credit unions that offers multiple levels of interest by optimizing and aggregating different DeFi lending protocols to provide high, stable currency yields and token rewards to the financially underserved. The Xend Finance protocol is designed to decentralize the savings, lending, borrowing and investment operations of credit unions and collectives while providing multi-level interest returns to members of these unions.
Xend Finance is a unique project targeting non-crypto savvy and financially underserved users in different regions of the world. Xend Finance is part of the Xend ecosystem, which has over 55,000 users currently. The ecosystem consists of the Xend application for sending and receiving money online or offline, and Geena, a business