FTFT Subsidiary Launches Cryptocurrency Market Data Platform FTFTX

 DUBAI, UNITED ARAB EMIRATES.-Wednesday 5 January 2022 [ AETOS Wire ]

Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that its subsidiary, FTFT Capital Investments LLC (“FTFT Capital”) has launched FTFTX, an innovative global cryptocurrency market data platform that provides institutional and individual investors with real-time, high-quality and reliable cryptocurrency market data and aggregate trading information from a large number of cryptocurrency exchanges. The market data is available for Bitcoin, ETH, EOS, Litecoin, TRON, and other cryptocurrencies at https://www.ftftx.com/ and via the FTFTX App on iOS and Android devices.

FTFTX collects global currency and market data, directly linking hundreds of leading venues, markets, and exchanges around the globe and making the data available to users 24 hours a day. FTFTX's features include access to optimal market rates resulting from the aggregation of information from exchanges and liquidity pools around the world. The FTFTX platform provides users with a unique and user-friendly resource for their trading and investment strategies as well as macroeconomic and cryptocurrency sector news. FTFT Capital believes that FTFTX’s real-time cryptocurrency market data can help users with their investment decisions by providing them with real-time aggregated global cryptocurrency market data as well as the potential to achieve better pricing and lower transaction costs. The FTFTX app is free to download on Google Play and the Apple Store.

FTFTX was officially launched at the Global Distributed Cloud Storage Summit - DCS 2021, held on December 15-17, at the Abu Dhabi National Exhibitions Centre where it was a co-host and participant. The summit attracted an estimated 20,000 attendees, including some of the industry's most notable innovators, decision-makers and leading industrial enterprises. The United Arab Emirates' openness to the cryptocurrency economy has attracted many new blockchain-enabled businesses.

Ola Lind, Director of FTFT Capital and FTFTX, stated, "We believe that efficiency, security and reliable market data are essential for cryptocurrency investors around the globe. With this in mind, we set out to provide an investor-oriented, results-driven platform that would allow investors to maximize their returns on their cryptocurrency investments. By offering robust, secure and real-time market information, we believe that FTFTX delivers a reliable global platform with aggregated real-time market information that gives participants a superior user experience."

Mr. Shanchun Huang, Chief Executive Officer of Future FinTech, said, "The launch of the FTFTX cryptocurrency and market data platform is a landmark event in the history of the Company. We believe that FTFT Capital in Dubai will be a market leader in the market data and information services sector for cryptocurrency trading and investment as well as in the field of innovative financial services. Our goal continues to be one of the world's most active and influential digital currency and crypto asset trading and management services providers.”

About Future FinTech Group Inc.

Future FinTech Group Inc. is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company's operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), and supply chain financing and services. The Company is also engaged in the development of blockchain-based e-Commerce technology and cryptocurrency mining as well as a financial service technology. For more information, please visit http:/www.ftft.com/.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

 

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2020 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

 

Contacts

Melwyn Abraham

melwyn@matrixdubai.com

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