Yunbi, which is the new name of Peatio Exchange, is a multi-cryptocurrency exchange and is cofounded by BitFundPE. Yunbi announced its formal launch in April 2014 after it had completed a 9-month trial run. The Yunbi platform is based on a code that was released by Peatio Open Source Project and contributes to the principles of transparency, integrity, and loyalty by offering customers a safe and easy-operating platform. The team behind it is coming from Ruby China and is formed by energetic activists who are passionate about programming and creating software. The platform uses Markle Tree to prove reserves.