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."
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"), supply chain financing and
services, and cryptocurrency market data services. The Company is
also engaged in the development of blockchain based e-Commerce
technology and cryptocurrency mining, cryptocurrency investment
management as well as financial service technology businesses. 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.
View original
content:https://www.prnewswire.com/news-releases/future-fintech-provides-business-update-of-ftft-capital-and-its-cryptocurrency-market-data-platform-301508653.html
SOURCE Future FinTech Group Inc.