Introduction to Real-time Cryptocurrency Market Data and Trading Platform: FTFTX
On Monday, Future FinTech Group revealed that its recently-formed, Dubai- grounded FTFT Capital Investments unit has introduced a real-time global cryptocurrency market and trading data platform.
According to the company’s press release, FTFTX will give access to information about market prices through the aggregation of data from exchanges and liquidity pools around the world, resources for trading and investment strategies, and sector news.
The platform summarizes trading and collects information from a variety of global cryptocurrency exchanges for both individual and institutional investors.
FTFT Capital said it believes FTFTX will help its people make informed investment opinions by furnishing them with real-time market data as well as the eventuality to achieve optimal pricing and lower sale costs, according to the release.
FTFTX comes into the news just four days after the creation of a new blockchain division.
In December 2021, the company entered into an agreement with Ohio- grounded APC Service to make a crypto mining ranch in Ohio.
The mining ranch will have a first design phase of 50MW of processing power which could expand to a total design size of 300M. It was created to develop, operate, and manage (its) bitcoin mining ranch plans in the United States and Paraguay
“As we look ahead towards 2022, FTFT comes up with the goal of becoming one of the world’s most active and influential digital currency and crypto asset trading and operation services providers”.
Looking backward towards 2021 FinTech already had total returns of around 30% during the year and at the same time closed at $1.33 a share. This launch of FTFTX has given a boost to company shares at the very beginning of the year.
In the first few hours of trading in 2022, Future FinTech’s shares were found to boost with an increase of 7%.