According to Odaily, former Mt. Gox CEO Mark Karpeles is set to launch a new cryptocurrency exchange platform named EllipX later this month. The platform, which will be headquartered in Poland, aims to prioritize transparency and user-friendliness. Karpeles has indicated that the structure of EllipX will be similar to that of the New York Stock Exchange but tailored specifically for cryptocurrencies. To ensure transparency, Karpeles plans to separate the different operational entities within the exchange.