SINGAPORE, Feb. 16, 2023 /PRNewswire/ — According to Sftimo’s latest financial report, revenue for the past six months was $351.8 million, up 34.4% from $261.7 million in the same period last year. Gross profit also increased by 24.5% to $101 million from $8.23 million last year, indicating that Sftimo maintains a particularly high profile and enjoys growing popularity in the global market.
Sftimo has become an industry leader. In the spot market, Sftimo captures more than 4.16% of the market share, and in the contract market, Sftimo has a market share of 3.2%. Regarding total trading volume, Sftimo’s market share has reached 15.87%.
Sftimo, headquartered in San Francisco, held its founding ceremony in the US in 2018. A $25 million Series B fundraising was then completed, one of the highest shares of financing in the cryptocurrency field at that time. Sftimo has set up branches in North America, Europe, Russia, Japan and other regions, providing blockchain asset trading and blockchain derivatives services for over 80 countries and regions, serving more than 50,000 institutions and more than 1 million core traders.
In the four years since its foundation, Sftimo has received the following honors, which is a striking illustration of its industry strength:
- In July 2018, Sftimo was named one of the top ten fintech unicorns by Forbes.
- In 2020, Sftimo became one of the first members of BGIN (Blockchain Governance Initiative Network), a blockchain governance initiative organization.
- In October 2021, Sftimo was awarded the title of the most promising platform for growth in the global cryptocurrency field.
- At the end of 2021, Sftimo was included in the Forbes Blockchain 50 list.
In addition, since the beginning of this year, Sftimo has launched several innovative initiatives that have also been affirmed by the majority of users, such as Sftimo Prime, Sftimo DAO, Staking, etc., which not only opens up more revenue opportunities for the majority of users but also broadens the application scenarios of Sftimo applications.
Sftimo will actively establish and maintain the service level to inject new energy into the digital currency industry and provide a safe, efficient and convenient trading platform. With innovative ideas and intensive industry governance, Sftimo strives to establish an excellent business and service team and make genuine efforts for the steady development of the digital currency industry. Sftimo will build consensus among exchanges and make itself a measuring stick in the digital currency industry to promote the beneficial development of the industry.
Company: Sftimo Blockchain Markets Limited
Contact Person: jeremy lau
Email:
Website: https://www.sftimoinv.com
City: Singapore
