Future FinTech Group announced on Monday that its new Dubai-based FTFT Capital Investments unit has introduced a real-time global cryptocurrency market and trading data platform. Called FTFTX, the platform aggregates trading and market information from a variety of global cryptocurrency exchanges for individual and institutional investors.
According to the company’s press release, FTFTX will provide access to market rates from the aggregation of data from stock exchanges and liquidity pools around the world, resources for trading and investment strategies and news. of the sector. Bitcoin, Ethereum, EOS, Litecoin, and TRON are some of the major cryptocurrency exchanges listed on FTFTX.
FTFT Capital said it believes FTFTX will help its users make informed investment decisions by providing them with real-time market data as well as the ability to achieve optimal pricing and lower transaction costs, according to the. communicated.
The past month has been a very busy time for New York-based Future FinTech. The FTFTX news comes just four days after the company announced the creation of a new blockchain division to “develop, operate and manage [its] shots of bitcoin mining farms in US and Paraguay. In mid-December 2021, the company announced that it had reached an agreement with Ohio-based APC Service to build a crypto mining farm in Ohio. The mining farm will have a first phase project of 50 MW of processing power which could expand to a total project size of 300 MW.
Future FinTech CEO Shanchun Huang said last week that the company intends to execute a strategy of global expansion for its cryptocurrency mining business.
“As we begin the new year, FTFT continues to strive to become one of the world’s most active and influential digital currency and crypto asset trading and management service providers,” Huang said in today’s announcement.
Future FinTech has seen roughly 2021, with total returns falling nearly 30% in the calendar year, closing the year at $ 1.33 per share. The latest news, however, has given the company’s shares a boost. In the first hours of trading in 2022, shares of Future FinTech are up 7%.