From GlobeNewswire: 2024-07-26 07:47:00

Trading platform tanX recently processed a billion dollars in quarterly spot trading volume across 3 million transactions in Q2 of 2024, marking a 70% increase from the previous quarter. This milestone highlights the growing confidence in decentralized trading platforms. Factors contributing to tanX’s growth include product upgrades and strategic partnerships with Layer 2 scaling solutions. In the realm of Bitcoin ETFs, more than $30 billion in assets under management have been accumulated, with a record-breaking $64 billion in average monthly traded volume in Q2.

Following FTX’s collapse, crypto traders are turning to decentralized exchanges like tanX for safer asset storage and trading. tanX is leading the charge in offering compliant and transparent trading solutions for institutional clients. The platform aims to bridge the gap between centralized and decentralized exchanges, providing a hybridized model for users. With a focus on security and performance, tanX is revolutionizing the exchange space for institutions and high-frequency traders.



Read more at GlobeNewswire: Trading platform tanX hits billion dollar quarterly trading