Cryptocurrency exchange Bithumb will strengthen the screening of blockchain developers for listing.

It said Wednesday that it would partner with the listing disclosure blockchain platform Cross Angle.

Cross Angle will review the financial and technical health of the startups and provide the information to Bithumb.  Based on the report, Bithumb would decide whether to allow the startups to get listing on its exchange.

The process would help investors from getting exposed to unwarranted risks, a Bithumb spokesman said.

Through Cross Angle’s public disclosure platform Xangle, essential information would be available to investors, he said.

Key information includes profiles of board members, organizational structure, shareholding structures, the trading volume of tokens traded, progress in projects and risk factors.

The transparent information would upgrade the transparency of startups seeking a listing and establish a fair and sound trading environment for cryptocurrencies, the spokesman said.