OKEx's former chief operating officer plans to launch crypto derivatives exchange ACDX

According to CoinDesk, the former chief operating officer of OKEx plans to launch the crypto-derivative exchange ACDX by the end of the first quarter of 2020. ACDX will be located in Seychelles, and one of its main goals is to provide structured products to retail customers. The company will raise $ 40 million through equity investments and token sales.