The collaboration will be mutually beneficial and strategic between both firms 
in the development of digital asset services for financial services companies

Exadel, a global leader in digital software engineering solutions, and ADAX a 
security token exchange, today announced that they are partnering to build and 
deliver a custom, blockchain-based Decentralized Exchange Software (DEX 2.0) 
focused on trading financial and non-financial assets. 

ADAX will provide Exadel strategic advisory and technical consultation related 
to digital assets and blockchain-based exchange services. ADAX will have 
exclusive first rights to implement the software and solutions developed during 
this collaboration.

Speaking to the partnership, ADAX President Wojtek Kaszycki, said "Similar to 
ADAX, Exadel is committed to innovative financial products and seamless 
experience for users. Combining our experience in the digital asset space and 
Exadel's software solutions expertise, this partnership will help Exadel build 
a more robust decentralized exchange and enable ADAX to integrate more advanced 
trading technology and products. It will complete our mutual vision to provide 
professional decentralized multi-asset trading solutions to international 
markets."

"We are proud to be partnering with ADAX to bring the business value of 
blockchain to life," said Fima Katz, CEO, and founder of Exadel. "Like Exadel, 
ADAX is committed to delivering quality solutions and the joining of our areas 
of expertise is sure to produce an innovative blockchain-based Decentralized 
Exchange Software (DEX 2.0). We are looking forward to working closely with the 
ADAX team." 

ADAX recently launched its Nominated Advisors Program: nomad.adaxtech.com, to 
build a strong ecosystem of experienced traditional finance advisors supporting 
issuers on their way to tokenization, listing on the exchange and fulfilling 
post-listing obligations. Exadel will provide the highest level of integration 
services for dealers, brokers, and other ADAX Exchange market members.

About ADAX 
ADAX is a regulated exchange for trading asset-backed tokens (aka security 
tokens). ADAX offers a platform that is designed to enable access to new 
investment opportunities through an open secondary market for trading digital 
securities. 

About Exadel
For more than 20 years, Exadel has been developing enterprise and custom 
software solutions for Fortune 500 clients, including AT&T, Samsung, Bank of 
America, eBay, and GE. With 20 locations and delivery centers across the US and 
Eastern Europe, Exadel solves the most complex software engineering problems, 
offering a scalable and skilled mix of onshore and offshore resources at the 
industry's most competitive price. Our Digital Software Engineering Solutions 
(DSES) help chart new digital strategies that are built upon creative thinking, 
cutting-edge design, and technical innovation. DSES embraces the strengths of 
diverse global software engineering talent to create and implement strategic, 
cost-effective services for the new epoch of connected technology.

Source: Exadel and ADAX