Future Fintech Provides Business Update of FTFT Capital and its Cryptocurrency Market Data Platform

Mar 23,2022

News Provided By: PR Newswire

NEW YORK, March 23, 2022 /PRNewswire/ -- 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 a business update regarding the business development, marketing, and public relations activities of the Company's subsidiary, FTFT Capital Investments LLC ("FTFT Capital"), and its FTFTX cryptocurrency market data platform (https://www.ftftx.com).

As announced on January 3, 2022, FTFT Capital launched an innovative global cryptocurrency market data platform, FTFTX, 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 covers Bitcoin, ETH, EOS, Litecoin, TRON and other cryptocurrencies and is accessible via the FTFTX App on iOS and Android devices. As of the end of February, the number of FTFTX cryptocurrency market data platform exceeded 100,000 users as measured by register users.

In February 2022, FTFT Capital entered into its first agreement related to a marketing cooperation business for a Metaverse project. In addition, FTFT Capital is currently engaged in the customization of an NFT project for Royal horse racing in Meydan, Dubai. FTFT Capital is also intent upon establishing potential joint venture relationships with local parties in the art world and the metaverse sphere among others. In addition, the management of FTFT Capital recently met with members of a UAE media website company to promote the FTFTX platform on its radio, news daily, magazines and online websites in order to bolster its popularity and procure new customers.

The LinkedIn social media page of FTFT Capital was initiated in January of 2022 and has gained numerous followers. In addition, the blog on the FTFTX website has created a cryptocurrency community and an exciting ecosystem for new and existing users.

To help promote the FTFTX brand, FTFT Capital has made sustained efforts to incorporate FTFTX reviews and have had articles placed in recognized online and hard copy newspapers and magazines. In particular, FTFT Capital's cryptocurrency and blockchain market data capabilities have received special coverage by CXO Insight and Khaleej Times eMagazine. FTFT Capital has also been featured in a "Counting on Cryptocurrencies" article in Gulf Business magazine.

Mr. Ola J Lind, Chief Strategy Officer of Future FinTech and Director of FTFT Capital, said, "We are pleased with the progress of the FTFTX cryptocurrency market data platform to date. 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. We look forward to pursuing our goal of becoming one of the most influential digital currency and crypto asset trading and management services providers in the world."