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DCX and KL Tech City team up to create DCX Asia
August 27: Digital Commodity Exchange (DCX), a global provider of platforms for agri products, and KL Tech City, a tech venture hub based in Malaysia will create a vehicle to promote seamless digitalization and internal transparency in agricultural markets in Asia. DCX Asia will be the marketing and distribution arm of DCX in South and South-East Asia. […]
August 27: Digital Commodity Exchange (DCX), a global provider of platforms for agri products, and KL Tech City, a tech venture hub based in Malaysia will create a vehicle to promote seamless digitalization and internal transparency in agricultural markets in Asia.
DCX Asia will be the marketing and distribution arm of DCX in South and South-East Asia. KL Tech City has introduced several clients to DCX, and after several months of talks, the parties have agreed to create a JV to coordinate their efforts.
DCX Asia will be responsible for marketing and brand building in the region and attracting clients to the DCX Global Marketplace. In addition, it will promote opportunities for DCX to license its second-generation platforms as private environments for large corporate clients, as well as for regional and local marketplaces and verticals which DCX does not cover.
Stephen Edkins, Co-Founder and CEO of DCX, said, “Having worked with Suraj and his team for the last two years, we are convinced that they are the right partner for us in South and South-East Asia. Our new platform is multi-commodity, multi-tier and modular. The underlying technology is agile, meaning that we can now create a private environment in a matter of hours. It is important to have local connections and commercial insight on how to position DCX in this region where we expect to sign up new clients.”
