Dubai-Headquartered Crypto Alternate MaskEX Launches Digital Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive International Growth EffortMarch 6, 2023
PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a quickly increasing third-generation crypto alternate, headquartered in Dubai, has introduced the launch of its crypto-backed Digital Card, enabling customers to spend their crypto as fiat in additional than 176 international locations with over 50 million retailers worldwide. This new function is now accessible to all ID-verified MaskEX customers.
MaskEX has additionally introduced that Ben Caselin, former Head of Analysis and Technique at Hong Kong-based crypto alternate AAX, has joined MaskEX within the function of Vice President. Drawing on almost 4 years at AAX, Mr. Caselin has performed an vital function in driving the mainstream adoption of bitcoin and digital belongings by the platform, particularly in rising markets. At MaskEX, Mr. Caselin will oversee all world and localized advertising, communications and enterprise growth initiatives.
“We’re excited to supply our customers the flexibility to spend their crypto wherever and at any time when they need with the launch of the MaskEX Digital Card,” mentioned Eric Yang, CEO of MaskEX. “Our imaginative and prescient is to make crypto extra accessible and discover methods to combine crypto extra with individuals’s on a regular basis lives.”
“We’re additionally delighted to be joined by Ben Caselin, not solely as a result of we consider he can play a significant function in our world growth efforts, but additionally due to the horrible scenario he has witnessed up shut at AAX, following the collapse of FTX in late 2022. As we’ve noticed, he places customers earlier than enterprise, and in reaching out to Ben, we’ve particularly requested him to be uncompromising and carefully scrutinize our operations.”
“As a third-generation crypto alternate we’re certainly one of solely 18 centralized exchanges globally that present Proof-of-Reserves,” mentioned Mr. Yang, “and with Abu Dhabi’s Sovereign Wealth Fund, underneath Sheikh Hamad Rakadh Salem Hamad Alameri, as a serious stakeholder, we all know we’re in an excellent place to compete with the world’s largest buying and selling platforms.”
On becoming a member of MaskEX, Mr. Caselin said that “whereas the business continues to be affected by contagion and a extreme lack of investor confidence, we can not afford to surrender now.”
“At this stage within the growth of this nascent business, correctly managed centralized exchanges can nonetheless play an vital function in elevating consciousness round digital belongings, offering some extent of contact for regulators, cooperating with the prevailing banking sector and cost suppliers to speed up integration, and, after all, in driving the mainstream uptake of bitcoin and digital belongings in all places.”
Headquartered in Dubai, UAE, MaskEX is a third-generation centralized crypto alternate, based in 2021, that goals to offer straightforward and safe entry to digital belongings for everybody. With a variety of revolutionary services, MaskEX is dedicated to empowering customers globally and contributing to the expansion of the crypto and blockchain business. MaskEX presents a user-friendly interface and superior buying and selling instruments, making it straightforward for each novice and skilled merchants to navigate the crypto market. The alternate presents a complete vary of merchandise, together with financial savings packages, over 300 spot pairs, and deeply liquid futures markets. Moreover, MaskEX presents a spread of on- and off-ramp merchandise to assist customers simply convert fiat foreign money to digital belongings and vice versa. With a rising consumer base of over a million customers throughout the globe, MaskEX is devoted to selling the adoption of digital belongings and constructing a extra inclusive financial system for all sensible cities and their residents.
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