Former Mt. Gox CEO to launch new cryptocurrency trading platform EllipX

BlockBeats reported on September 4 that former Mt.Gox CEO Mark Karpeles plans to launch his new cryptocurrency trading platform later this month, focusing on transparency and user-friendliness. The upcoming platform, called EllipX, is scheduled to launch in Europe later this month and will be headquartered in Poland.

Karpeles said the structure of the new trading platform will be similar to the New York Stock Exchange, but for cryptocurrencies. In order to ensure the transparency of the platform, Karpeles plans to separate the different working bodies of the trading platform.