I think they have financial partners. And BCNEX has sold past the softcap. This means BCNEX project would go on with or without making up to the hardcap.
That's true, the project has to go on with or without the hardcap. The last time I checked, bcnex had received over $11m, which is far much more than the softcap. This makes the possibility of an extension of the tokensales by the team very difficult. I'm eager to see the trading platform fully functional.
But still, they are conducting crowdsale in order to raise more money. Of course, Bcnex team is working very hard to get more reputation for the exchange and very soon we are going to see exchange is going to get functional very fastly.