FLEX jumps 7% as 3AC cofounders OPNX exchange goes live

CoinFLEX’s FLEX token increased by more than 7% to $2.73 after Three Arrows Capital’s (3AC) cofounders — Kyle Davies and Su Zhu’s —  new Open Exchange (OPNX) went live earlier.

OPNX is a specialized exchange that allows users to trade claims of bankrupt crypto companies. The exchange adopted the  FLEX token as its native asset, allowing holders to get up to 50% discount on trading fees.