Digix tokens will be listed on Yunbi and other platforms, and raised $5.5 million in 14 hours

DigixGlobal is a Singapore-based DAO (Distributed Autonomous Organization) team. Its product is a token issued based on the Ethereum blockchain, which is backed by physical gold. Within 14 hours of the start of the ICO at the end of March, the fundraising limit of $5.5 million was reached, and the level of funding was surprisingly hot. Its DGD token is expected to be listed on three global trading platforms, namely Gatecoin, Openledger and Yunbi.

Gatecoin is a Bitcoin trading platform based in Hong Kong. Judging from the currencies listed on its platform, it pays considerable attention to Ethereum-related projects.
Openledger is a decentralized trading platform developed based on BitShares 2.0 technology.
Regarding the launch of Digix tokens,邱亮, CEO and CTO云币网said: "Screening valuable blockchain assets for users and introducing them to China is the philosophy that Yunbi.com has always adhered to. Digix's equity asset DGD is the first mature digital asset based on Ethereum. Yunbi maintains a continuous interest and attention to the development of its team's projects. The launch of DGD is also the first time that Yunbi has launched a blockchain asset issued through ICO. We hope that this attempt can promote the exploration of blockchain assets in new directions."

DigixGlobal partner and BD director余俊杰said: "Chinese users' enthusiasm for Ethereum assets is still growing steadily, and our team is also actively expanding business cooperation in China. The development of Ethereum applications has great potential in China, and we hope that this cooperation with Yunbi is just the beginning of extensive cooperation in China."

The DGD listed on the trading platform is an Ethereum-based asset that represents the equity of DigixDAO. DGD holders will have the right to participate in the company's decision-making by voting, and will also receive a portion of the digital gold DGX transaction fees as dividends. On March 30, 2016, DigixDAO raised $5.5 million in 14 hours in its public ICO for global investors, and the expected one-month crowdsale ended ahead of schedule.

Bitcoin is still not popular in China, and trading platforms need to continue to expand new markets to gain survival space. Yunbi is determined to become "China's largest Ethereum asset trading platform". Yunbi is ambitious and actively deploys transactions around Ethereum, blockchain and related digital assets. Babbitt will also keep a close eye on this.