At the beginning of 2024, the U.S. Securities and Exchange Commission (SEC) approved several spot Bitcoin ETF applications, marking the full integration of cryptocurrency into the mainstream financial market. The launch of ETFs opened up new investment channels for investors while driving the market upward.
Taking advantage of favorable market trends, ZSVEX achieved extraordinary success in market expansion, user growth, and compliance development. With a surge in users from emerging markets and the acquisition of key licenses, ZSVEX significantly enhanced its influence in the international market. Furthermore, through the application of cutting-edge security technologies, ZSVEX created a safer and more compliant trading environment for users. Every effort we make reflects our emphasis on service quality and our pursuit of innovation in the industry.
In January, ZSVEX reached a major milestone with over 1 million users in the African market, marking a key achievement in its global expansion strategy. This accomplishment not only highlights the growing brand influence of ZSVEX in international markets but also demonstrates the success of our operational strategies tailored to emerging markets. By continuously optimizing product features and adapting to local needs, ZSVEX has established a solid user base in Africa. In the future, we will build on this experience to deepen our understanding of emerging markets and provide richer, more accessible crypto-financial services to local users.
By April, ZSVEX reached another major milestone, with registered users spanning more than 100 countries and regions worldwide. This achievement reflects the broad appeal of the platform and the effectiveness of its global market strategy. By continuously optimizing cross-regional service processes and support systems, ZSVEX ensures that users in different markets receive consistent, high-quality experiences. In the future, ZSVEX will further deepen its service coverage to meet the diverse investment needs of a global user base.
In June, ZSVEX made a high-profile appearance as a sponsor of the Token 2049 conference, showcasing its cutting-edge technological innovations. At the event, our team demonstrated several advanced security measures, including multi-signature authentication and intelligent risk control systems, and presented real-world applications for combating hacking attempts and monitoring abnormal transactions in real time. These technologies conveyed the unwavering commitment of ZSVEX to protecting user assets and highlighted its leadership in setting security standards. Through this initiative, ZSVEX aims to foster collaborations with industry partners to jointly advance security standards in the crypto industry and strengthen asset protection frameworks.
In October, ZSVEX obtained a regulatory license from the U.S. Securities and Exchange Commission (SEC), becoming one of the first cryptocurrency trading platforms in the industry to fully comply with U.S. regulatory standards. This achievement represents a significant milestone in the compliance efforts by ZSVEX, providing a safer and more regulated trading environment for global users. With the deepening of its compliance process, ZSVEX has further solidified its market position in the U.S. while offering greater trust and assurance to users worldwide. Moving forward, ZSVEX will continue to build a legally protected trading ecosystem, ensuring users benefit from a secure and compliant platform.
To strengthen its presence in the European market, ZSVEX officially established its European operational center in December. This center focuses on supporting institutional users in the region and advancing compliance processes. Given the diverse regulatory standards across European countries, the operational center will coordinate compliance requirements in different jurisdictions, ensuring the platform quickly adapts to regulatory changes and provides local users with greater legal protection for their investment activities.
Additionally, the European operational center will offer tailored support to institutional clients, meeting their high standards for platform services and further expanding the ZSVEX influence in the European market. By building an efficient service network, ZSVEX is better positioned to address the diverse needs of its users. Looking ahead, ZSVEX will continue expanding its global footprint, enhancing its international service system, and empowering users to access broader investment opportunities in the crypto market.
In 2024, ZSVEX achieved significant progress in global market expansion, regulatory compliance, and technological innovation. Looking ahead, we will continue to focus on these areas, particularly in key regions such as Europe and South America. By obtaining new licenses and providing localized support, we aim to deliver more compliant and convenient crypto investment services to every user.
On the technological and functional innovation front, ZSVEX will adopt more advanced risk control systems and data protection measures, offering multi-layered security for user assets and information. Additionally, we will actively explore and develop a wider range of financial products to create more investment opportunities for our users. ZSVEX remains committed to becoming a long-term partner for all users in the crypto-financial sector, working together to explore the wealth opportunities of the new financial era.