{"id":76690,"date":"2023-04-04T18:31:29","date_gmt":"2023-04-04T15:31:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76690"},"modified":"2025-09-10T18:52:41","modified_gmt":"2025-09-10T15:52:41","slug":"3ac-founders-launch-crypto-exchange-opnx-and-announce-flex-token-airdrop","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/3ac-founders-launch-crypto-exchange-opnx-and-announce-flex-token-airdrop\/","title":{"rendered":"3AC founders launch crypto exchange OPNX and announce FLEX token airdrop"},"content":{"rendered":"<p>The OPNX team, founded by the co-founders <a href=\"https:\/\/u1f987.com\/en\/news\/british-virgin-islands-court-orders-liquidation-of-three-arrows-capital\">the bankrupt hedge fund 3AC Su Zhu and Kyle Davies<\/a>, announced the platform&#8217;s official launch.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are thrilled to announce that <a href=\"https:\/\/t.co\/Q2HsUqSZ7E\">https:\/\/t.co\/Q2HsUqSZ7E<\/a> is now live! Sign up to trade spot and futures immediately. Claims trading coming very soon<\/p>\n<p>A message from our CEO Leslie: <a href=\"https:\/\/t.co\/VVVX00AzHf\">pic.twitter.com\/VVVX00AzHf<\/a><\/p>\n<p>\u2014 OPNX ? (@OPNX_Official) <a href=\"https:\/\/twitter.com\/OPNX_Official\/status\/1643233549263224832?ref_src=twsrc%5Etfw\">April 4, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to <a href=\"https:\/\/www.theblock.co\/post\/224781\/su-zhu-opnx-launches-token-giveaway?utm_source=cryptopanic&#038;utm_medium=rss\">The Block<\/a>, the company also announced a native FLEX token airdrop as a sign of appreciation to community members.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Many of you may know that OPNX will use FLEX as the native token of the ecosystem. As a token of our appreciation, we have included eligible users from the waitlist in our token distribution, i.e., no action on your part is required&#8221;, the statement said.<\/p>\n<\/blockquote>\n<p>FLEX has a market capitalization of $269 million and a daily trading volume of $1.27 million. In the wake of the platform&#8217;s launch, the asset&#8217;s price rose by 7.48%. At the time of writing, the coin was trading at $2.75.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/FLEX_1D_graph_coinmarketcap.webp\" alt=\"FLEX_1D_graph_coinmarketcap\" class=\"wp-image-203409\"\/><figcaption>Data: <a href=\"https:\/\/coinmarketcap.com\/currencies\/flex\/\">CoinMarketCap<\/a>.<br \/><\/figcaption><\/figure>\n<p>In addition to traditional exchange operations, OPNX offers the ability to trade claims against bankrupt crypto companies such as <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">FTX<\/a>.<\/p>\n<p>OPNX&#8217;s CEO is Leslie Lamb, the wife of former CoinFLEX chief executive <a href=\"https:\/\/u1f987.com\/en\/news\/coinflex-seeks-restructuring-in-seychelles-court\">the bankrupt CoinFLEX<\/a> Mark Lamb.<\/p>\n<p>In January 2023, media reported plans by Davies and Zhu <a href=\"https:\/\/u1f987.com\/en\/news\/3ac-founders-plan-to-raise-25-million-for-a-new-project-reports-say\">to raise $25 million<\/a> for the launch of the cryptocurrency exchange with active participation by CoinFLEX representatives.<\/p>\n<p>In February, former BitMEX CEO Arthur Hayes <a href=\"https:\/\/u1f987.com\/en\/news\/arthur-hayes-says-3ac-founders-have-raised-funds-to-launch-gtx\">pointed to<\/a> the possible realization of such an initiative.<\/p>\n<p>Later, Zhu <a href=\"https:\/\/u1f987.com\/en\/news\/3ac-founder-to-launch-opnx-exchange-to-trade-claims\">announced the opening<\/a> of a waitlist for platform access.<\/p>\n<p>He noted that OPNX is a means to \u201cmake amends for past mistakes.\u201d The community welcomed the project with scepticism and outrage.<\/p>\n<p>Earlier, liquidators <a href=\"https:\/\/u1f987.com\/en\/news\/liquidators-to-sell-3ac-nft-collection\">put up for sale<\/a> the NFT collection of 3AC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The OPNX team, founded by the co-founders of the bankrupt hedge fund 3AC Su Zhu and Kyle Davies, announced the platform&#8217;s official launch.<\/p>\n","protected":false},"author":1,"featured_media":76691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1352],"class_list":["post-76690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-three-arrows-capital"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=76690"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76690\/revisions"}],"predecessor-version":[{"id":76692,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76690\/revisions\/76692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76691"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}