FTX.US Reviews Mid-Yr Investing Success and Provides Operational Update

BERKELEY, Calif., July 29, 2021 /PRNewswire/ — Organization Highlights Normal every day volume grew 150x YoY (June 2020 vs June 2021) peak of $993 million during a 24-hour time period on April 22, 2021. Deepest liquidity of all US cryptocurrency exchanges for each Cryptowatch rankings. Released FTX Shell out, expanded geographic […]

BERKELEY, Calif., July 29, 2021 /PRNewswire/ —

Organization Highlights

  • Normal every day volume grew 150x YoY (June 2020 vs June 2021) peak of $993 million during a 24-hour time period on April 22, 2021.
  • Deepest liquidity of all US cryptocurrency exchanges for each Cryptowatch rankings.
  • Released FTX Shell out, expanded geographic footprint and added to the govt staff.
  • Initiated numerous sponsorship agreements to continue on to make US brand name existence.

West Realm Shires Services Inc (“FTX.US” or “the Corporation”), a leading US-controlled cryptocurrency trade, now declared its company and operational updates for 1H 2021.

As of today’s date, according to Cryptowatch, FTX.US retains the #1 ranking in the US for liquidity, acquiring maintained this rating throughout most of the 1st fifty percent of 2021. Also, FTX.US carried a day-to-day volume which ranged among ~$150 million and ~$1 billion for 1H 2021, further developing the Organization as a leading US cryptocurrency trade by quantity.   &#13

Brett Harrison, President of FTX.US stated, “The truth that we have achieved this expansion in roughly 1 12 months considering the fact that the launch of FTX.US is a testament to the really hard-operate and devotion of our full workforce. Witnessing their push to provide industry-leading technologies and provider is a little something that humbles me every single day, and with each other we will continue on to attempt for excellence in everything that we do. We’re very pleased to share that our system has presented buyers the deepest liquidity in the US, even with the modern marketplace volatility throughout all digital property. But it is actually just the starting for FTX.US, and we see each and every success we knowledge as a mandate to retain developing. Our mission is to be the preeminent cryptocurrency trade in the US, and we will proceed to promptly scale our operations and extend our organizations this yr and beyond.”

1H 2021 Company Updates

  • FTX Spend, powered by FTX.US in the US, launched in May possibly 2021 letting customers to receive payments in crypto or fiat currencies through a quickly, secure, and small-payment payment processor. The FTX Shell out system allows customers to get payments according to person specifications and to satisfy distinct payment requires.
  • The Organization appointed Brett Harrison as President of FTX.US in Could 2021. Mr. Harrison’s mission is to leverage his intensive economic and technical experience gained at corporations including Jane Street and Citadel Securities to expand FTX.US’s functions.
  • The FTX.US Chicago office was opened in June 2021, establishing the organization’s key operations in a person of the largest financial centers in the US.

1H 2021 Sponsorship Agreements

  • April 2021 – The Organization secured naming legal rights to the Miami Warmth basketball arena in a 19-calendar year, $135 million deal, with the bulk of that income going to regional charitable efforts, notably like initiatives to avoid gun violence in the Miami Dade local community.
  • June 2021 – The Company secured naming legal rights for important eSports group ‘Team SoloMid’, to create ‘TSM FTX’ by way of a  10-calendar year, $210 million deal. This deal was the greatest of its sort in aggressive e-gaming historical past.
  • June 2021 – FTX.US entered a multi-yr partnership with Main League Baseball as its very first formal cryptocurrency trade husband or wife, the initially league-wide crypto partnership in North American expert athletics. 
  • June 2021 – The Company announced an fairness stake partnership offer with Tom Brady and Gisele Bundchen, with both getting equity in FTX Trading Minimal, which will see the two serve as ambassadors for FTX.COM and separately, for FTX.US.

Sina Nader, Chief Functioning Officer of FTX.US concluded, “We’ve now surpassed so lots of extraordinary milestones, increased our functions, and expanded our brand’s presence all-around the world. We are psyched to proceed rising FTX.US by means of the advancement of progressive know-how offerings and supplemental partnerships, and think we are properly on our way to becoming the most popular US crypto exchange whilst supplying a pleasant knowledge for our consumers!”

About FTX.US &#13

FTX.US is a US-regulated cryptocurrency exchange, built from the ground up with consumers in brain. Its mission is to grow the electronic forex ecosystem, supply US and international traders a system that conjures up their loyalty, and to grow to be the main US crypto trade by quantity within just the upcoming two a long time.

To discover far more about FTX.US, you should check out: https://ftx.us/

Media Speak to
Jay Morakis
M Group Strategic Communications (for FTX.US)
+1 646-859-5951
[email protected]

Cision Look at unique content material to download multimedia:https://www.prnewswire.com/information-releases/ftxus-reports-mid-year-investing-outcomes-and-provides-operational-update-301344071.html

Resource FTX.US

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