Zipmex company
Overview
Zipmex is a digital asset exchange and trading platform primarily serving Asian markets, including Thailand, Singapore, and Australia. It offered spot trading and a yield-bearing product called ZipUp. In July 2022, Zipmex suspended withdrawals due to liquidity problems linked to its exposure to Babel Finance and Celsius, and later entered a restructuring process.
Within the DeFi Intel graph, Zipmex connects to 2 tracked entities, most strongly to Securities and Exchange Commission (Thailand), Thai SEC digital asset operator — Zipmex.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | Securities and Exchange Commission (Thailand) | 95% |
holds_license | Thai SEC digital asset operator — Zipmex | 95% |
Frequently asked questions
What is Zipmex?
Zipmex is a digital asset exchange and trading platform primarily serving Asian markets, including Thailand, Singapore, and Australia. It offered spot trading and a yield-bearing product called ZipUp.
What caused Zipmex to suspend withdrawals in July 2022?
Zipmex suspended withdrawals in July 2022 due to liquidity problems linked to its exposure to Babel Finance and Celsius.
Which regulator holds a license for Zipmex?
Zipmex holds a license from the Thai SEC as a digital asset operator and is regulated by the Securities and Exchange Commission (Thailand).