NSAV Announces BQEX Crypto Exchange Acquisition of VAEX Centralized crypto exchanges reported more than $14 trillion in trading volume in 2021, according to The Block Research. That figure is a massive 689% increase compared to 2020 trading volumes, based on data as of December 24, 2021 Last year, centralized crypto exchanges facilitated just over $1.8 trillion in trading volumes.
https://www.theblockcrypto.com/linked/128526/centralized-crypto-exchanges-14-trillion-trading-volume-2021
BQEX is a Centralized Cryptocurrency Exchange that was established in 2017. BQEX has over 4 million registered users globally and lists over 50 cryptocurrencies. BQEX also has inbuilt multi-functional ETF windows that support project developers, in order to provide the best investment experiences to their users.
https://www.youtube.com/watch?v=cojP0UvbIrk
W. Y. Cheung, CEO of BQEX stated, “We are very excited to announce this acquisition, and it will also build a very strong operating base for us, being a regulated exchange. We are thrilled to have VAEX as our new family member.”
Dato' Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “VAEX has a very strong client base in South Korea, Dubai, and has extended the VAEX community to Brazil and Mongolia as well. This new user base will add nicely to the NSAV ECOsystem and allow us to build a bigger NSAV community through this strategic transaction.”
https://www.globenewswire.com/news-release/2022/04/01/2415006/0/en/NSAV-Announces-BQEX-Crypto-Exchange-Acquisition-of-VAEX-Crypto-Exchange-Expands-Presence-in-14-Trillion-Global-CEX-Market.html'