FTX.US Studies Mid-Yr Investing Outcomes and Presents Operational Update

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

Firm Highlights

  • Normal each day volume grew 150x YoY (June 2020 vs June 2021) peak of $993 million during a 24-hour period of time on April 22, 2021.
  • Deepest liquidity of all US cryptocurrency exchanges for every Cryptowatch rankings.
  • Released FTX Shell out, expanded geographic footprint and extra to the executive workforce.
  • Initiated numerous sponsorship agreements to keep on to develop US manufacturer presence.

West Realm Shires Solutions Inc (“FTX.US” or “the Business”), a main US-controlled cryptocurrency exchange, nowadays announced its business and operational updates for 1H 2021.

As of present-day date, according to Cryptowatch, FTX.US retains the #1 ranking in the US for liquidity, acquiring managed this ranking all through most of the initially 50 percent of 2021. Moreover, FTX.US carried a everyday volume which ranged between ~$150 million and ~$1 billion for 1H 2021, additional setting up the Enterprise as a leading US cryptocurrency trade by volume.  

Brett Harrison, President of FTX.US stated, “The actuality that we have reached this expansion in about one particular year considering that the start of FTX.US is a testomony to the difficult-function and devotion of our entire staff. Witnessing their generate to supply marketplace-foremost technologies and services is one thing that humbles me each individual working day, and collectively we will continue on to strive for excellence in every little thing that we do. We’re very pleased to share that our system has supplied buyers the deepest liquidity in the US, regardless of the the latest marketplace volatility throughout all digital belongings. But it is actually just the commencing for FTX.US, and we see every accomplishment we encounter as a mandate to maintain constructing. Our mission is to be the preeminent cryptocurrency trade in the US, and we will go on to quickly scale our functions and grow our corporations this year and past.”

1H 2021 Company Updates

  • FTX Spend, run by FTX.US in the US, introduced in May well 2021 permitting customers to get payments in crypto or fiat currencies by way of a rapid, protected, and minimal-rate payment processor. The FTX Fork out platform enables consumers to receive payments in accordance to person necessities and to satisfy specific payment requirements.
  • The Organization appointed Brett Harrison as President of FTX.US in Could 2021. Mr. Harrison’s mission is to leverage his considerable financial and complex know-how gained at corporations which includes Jane Street and Citadel Securities to expand FTX.US’s functions.
  • The FTX.US Chicago business was opened in June 2021, creating the organization’s vital operations in just one of the premier fiscal centers in the US.

1H 2021 Sponsorship Agreements

  • April 2021 – The Organization secured naming rights to the Miami Heat basketball arena in a 19-yr, $135 million deal, with the majority of that cash likely to community charitable attempts, notably including initiatives to protect against gun violence in the Miami Dade group.
  • June 2021 – The Firm secured naming rights for big eSports corporation ‘Team SoloMid’, to develop ‘TSM FTX’ by a  10-year, $210 million deal. This deal was the most significant of its form in aggressive e-gaming background.
  • June 2021 – FTX.US entered a multi-12 months partnership with Important League Baseball as its very first formal cryptocurrency trade husband or wife, the initial league-large crypto partnership in North American skilled athletics. 
  • June 2021 – The Corporation introduced an equity stake partnership deal with Tom Brady and Gisele Bundchen, with equally getting fairness in FTX Buying and selling Constrained, which will see the two serve as ambassadors for FTX.COM and independently, for FTX.US.

Sina Nader, Main Functioning Officer of FTX.US concluded, “We have previously surpassed so a lot of remarkable milestones, increased our operations, and expanded our brand’s presence all-around the world. We’re enthusiastic to go on rising FTX.US by means of the enhancement of modern technological know-how offerings and added partnerships, and assume we are perfectly on our way to starting to be the desired US crypto exchange when giving a delightful expertise for our consumers!”

About FTX.US

FTX.US is a US-controlled cryptocurrency trade, created from the ground up with clients in thoughts. Its mission is to grow the digital currency ecosystem, offer you US and global traders a platform that conjures up their loyalty, and to develop into the primary US crypto exchange by volume inside the following two decades.

To master much more about FTX.US, make sure you visit: https://ftx.us/

Media Get hold of
Jay Morakis
M Team Strategic Communications (for FTX.US)
+1 646-859-5951
[email protected]

Supply FTX.US

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