Crypto exchange CommEX published appeal to clients. In it, the company clarified the main points regarding the business and its possible connections with the Binance platform.
Notably, CommEX support stated that the platform is focused on the CIS and Asia. It will not work in the USA and Europe.
Against the backdrop of such a sudden transaction, rumors appeared that CommEX actually belongs to Binance. The CEO of the latter, Changpeng Zhao, tried to debunk them.
In a message to clients, CommEX said it could not disclose the identity of the company’s owner, but Binance is not the owner. However, some exchange employees actually came from this company:
These employees add “depth of market understanding,” the release said. Also, CommEX specialists have practical experience working with such large companies as Google, Amazon, Oracle, the exchange emphasized.
It is noteworthy that the company also recognized the fact that people from Binance were involved in the development of the platform. The companies allegedly have the same “corporate culture and values,” which served as the key to a trusting relationship.
The latter was the decisive factor for the sale of Binance’s Russian business to CommEX, the release stated. The company called it “the best solution” for the global exchange.
Source: Cryptocurrency
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