The year 2021 witnessed a full-scale bull market in the crypto industry, with the explosive growth of Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) becoming the two major highlights. Unlike previous markets predominantly driven by retail investors, an increasing number of institutions entered the crypto space, bringing in more capital and gradually elevating the market maturity. During this critical period, ZSVEX actively seized opportunities and achieved rapid growth. We made significant strides in user growth, compliance development, and product innovation, injecting new vitality into the crypto financial market. Every step forward was a testament to the efforts of our team and the trust and support of our global users.
In February, the ZSVEX platform reached a milestone of over 3 million users. This achievement marked widespread recognition of our services. Every new user joining the platform not only affirmed the relentless efforts of the ZSVEX team but also reflected the trust users placed in us. With the growing user base, the ZSVEX community became increasingly vibrant, and trading volumes steadily rose, providing positive momentum for the platform development. We remain committed to prioritizing the protection of user rights. To this end, ZSVEX continuously develops new features and enhances service quality, delivering an exceptional investment experience for users.
Although the cryptocurrency market still lacks unified regulatory standards, ZSVEX proactively adapted to the regulatory environment to ensure user transactions and investments are legally protected. In April, ZSVEX successfully obtained the MSB (Money Services Business) license, marking a significant step forward in compliance operations. With this regulatory qualification aligned with the U.S. framework, ZSVEX expanded into more international markets, further strengthening user trust. We understand that compliance is the cornerstone of sustainable development in crypto finance. This milestone laid a solid foundation for the global market expansion of ZSVEX.
In June, ZSVEX comprehensively upgraded its KYC (Know Your Customer) and AML (Anti-Money Laundering) strategies to ensure adherence to international regulatory standards. The new strategies introduced stricter review mechanisms during user identity verification and employed encryption technologies to safeguard user data privacy. Additionally, our AML system, powered by intelligent monitoring technology, can detect and intercept suspicious transactions in real time, effectively mitigating potential money laundering risks. This upgrade not only strengthened the security and compliance framework of ZSVEX but also conveyed our commitment to asset safety. ZSVEX always places user interests first, creating a secure and reliable investment environment with the highest standards.
As the crypto market evolved and user demands grew, ZSVEX introduced advanced trading tools in August to provide users with more robust decision-making support. These tools, which integrate real-time market monitoring and technical indicator analysis, help users identify potential opportunities, make more accurate market trend judgments, and develop investment strategies tailored to their needs. The launch of advanced trading tools not only enriched the platform functionality but also demonstrated the continuous efforts by ZSVEX to offer diverse investment solutions. We aim to create more opportunities for users and help them achieve their financial goals.
In November, ZSVEX officially launched its global expansion plan, actively entering emerging markets. To achieve this, we conducted in-depth research into the specific needs of different regions and tailored localized products and services based on the findings, ensuring that the unique requirements of users in each area were met. Additionally, ZSVEX established regional service teams to deliver more efficient customer support and operational strategies. This approach significantly enhanced the international competitiveness of ZSVEX. We believe that deepening our presence in emerging markets will inject new vitality into the long-term growth of ZSVEX, enabling global users to experience superior crypto investment services.
Reflecting on 2021, the comprehensive growth of ZSVEX has laid a solid foundation for the platform sustainable development. Standing at a new starting point, ZSVEX will continue to uphold its commitment to “user first, innovation-driven”, constantly improving platform functionality and deepening its global footprint. We look forward to embarking on this journey with every user, exploring the boundless potential of crypto finance together.