Fmytex Global Emerges as a Reliable Platform for Cryptocurrency Trading and Revenue Growth – Yahoo Finance
CITY OF INDUSTRY, CA / ACCESSWIRE / March 27, 2023 / In the latest development, Fmytex Global emerges as a reliable platform for cryptocurrency trading and revenue growth. Fmytex increased over 1,000,000 verified users, a number that has continued to grow steadily over time. This substantial increase in the number of users is a testament to the trust that customers have placed in Fmytex as a reliable platform for cryptocurrency trading and investment.
Fmytex Global, Monday, March 27, 2023, Press release picture
In Q4 of 2022, the exchange saw a 34% increase in transaction volume, reaching $6.43 billion. This growth continued into January and February of 2023, with a notable increase in the exchange's average daily volume to $95 million. According to Fmytex's Chief Financial Officer, "Looking back on 2022, we're proud of our ability to execute and position our business as a regulated and legitimate market leader." Fmytex's focus on regulation and legitimacy has paid off, as evidenced by the significant increase in trading volume.
A number of venture capital firms have invested in Fmytex Global, reflecting the investors' confidence in the company's potential for growth and profitability. The company received a $500,000 Series A investment in 2019, followed by a $5 million Series B investment in 2019. In 2021, the company received a massive investment total of $497 million from a consortium of venture capital firms. In conclusion, the increased interest and investment from venture capital firms for Fmytex highlight the immense potential of the company.
Additionally, the company's strong global expansion plan and acquisition of innovative technologies have helped position Fmytex as a stronger player in the cryptocurrency exchange industry. The company's strong overseas expansion plan includes laying out pivot points in Europe, East Asia, Southeast Asia, and Africa.
Fmytex has already established a physical office in the United States and is operational in more than 37 countries around the world. The company is committed to providing its services to a wider audience and is expanding its services for retail users in Malta, where it has also opened a physical office. Furthermore, Fmytex has completed the establishment of its organizational structure in Japan and has made its first acquisition in the country, demonstrating its commitment to the East Asian market.
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The company is registered with FinCEN in the US and holds further licenses in Malta, and Japan, ensuring compliance with regulatory requirements in the jurisdictions in which it operates. With a commitment to using new technology to automate customer experience tools, Fmytex is poised to continue expanding its operations and providing its services to a wider audience around the world.
Fmytex Global is quickly becoming a household name in the crypto space.
Contact:
ELIEZER LANDA BARTOLOCompany Name: Fmytex Co., LTDWebsite:https://fmytex.com/Email: service@fmytex.com
SOURCE: Fmytex Global
View source version on accesswire.com: https://www.accesswire.com/745996/Fmytex-Global-Emerges-as-a-Reliable-Platform-for-Cryptocurrency-Trading-and-Revenue-Growth
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