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A quick review of #Gemini ! ๐Ÿ“ˆ

๐Ÿ”ธThe first licensed Ethereum exchange to operate in the US!

๐Ÿ”ธAfter 4 years of its launch, it became the first #exchange in the world to receive a license to provide Zcash trading.

๐Ÿ”ธNearly $70.79 mn in Geminiโ€™s trading volume over 24 hrs, and has grabbed 13.6 mn users across 60 countries.

๐Ÿ”ธFounded by Tyler and Cameron Winklevoss in 2014 in New York.

๐Ÿ”ธNow, Gemini has grown to more than $30 bn in trades yearly and also recorded $307 mn in #revenue in FY 2021.

๐Ÿ”ธBy partnering with the Samsung blockchain, Gemini enables Samsung wallet users to access the Gemini mobile app and even conduct crypto payments.

๐Ÿ”ธRaising $400 mn in its first equity #funding brought the exchange valuation to $7.1 bn.

๐Ÿ”ธGeminiโ€™s offerings include a web exchange, Hedge Fund & Liquidity Services, Credit cards, wallet, Gemini prime, and much more.

๐Ÿ”—Read More : https://www.linkedin.com/feed/update/urn:li:activity:6970243852095946752
๐Ÿ“ˆA quick review of the seventh-largest #crypto exchange Ripple(XRP) with a present market cap of 16.23 bn.

๐Ÿ”ธ#Ripple is the #blockchain-based digital payment network and protocol with its own cryptocurrency called XRP serving over 3 mn users worldwide.

๐Ÿ”ธFounded by Chris Larsen and Jed McCaleb in 2012 in San Francisco.

๐Ÿ”ธRippleโ€™s net sales have increased from $491 mn (Q3 2021) to $717 mn (Q4 2021) and recorded a #revenue of $110.6 mn in FY 2021.

๐Ÿ”ธCurrently, it has a circulating supply of 45.40 bn #XRP tokens and a max supply of 100 bn XRP tokens.

๐Ÿ”ธRippleโ€™s offerings include Cross-border payments, #CBDC solutions, On-demand Liquidity services, and much more.

๐Ÿ”ธTo launch the On-Demand Liquidity payment service in Brazil, Ripple partnered with Travelex and plans to open up even more payment avenues in the coming months.

๐Ÿ”ธRipple has raised $293.8 mn in #funding over 14 rounds and has made 25 #investments.

๐Ÿ”— Read More : https://www.linkedin.com/feed/update/urn:li:activity:6968887644621590528
๐ŸžDo you know #Sandbox - the 3rd largest #metaverse on the #Ethereum blockchain?

๐Ÿ”ธHow it grabbed 350K MAUs, compared to its 30K MAU in last Nov 2021.

๐Ÿ”ธFounded by Arthur Madrid and Sebastien Borget in 2011.

๐Ÿ”ธFeatures 3 main products: a Voxel editor, a Marketplace, and the Game Maker.

๐Ÿ”ธSandboxโ€™s #revenue in 2021 was $46 mn and in Feb 2021 had the highest monthly sales with an income of $2.8 mn.

๐Ÿ”ธ$SAND is an ERC-20 native coin of Sandbox, minted on the blockchain for digital scarcity, security, and authenticity.

๐Ÿ”ธUsing LAND, a digital piece of real estate game developers can build games or dioramas and also populate them with assets.

๐Ÿ”ธUnveiled metaverse Mega City 2 with Hong Kong Partners; Tatler Asia, Regal Hotels Group, Brinc, and MADworld.

๐Ÿ”ธAcquired Cualit, a full-stack development venture to enhance its #Web 3 and #blockchain venture.

๐Ÿ”—Read More : https://www.linkedin.com/feed/update/urn:li:activity:6971440356613644288
๐Ÿ“ˆDo you use #Bithumb? Do you have the Bithumb app?

๐Ÿ”ธWith 1 mn app users and 8 mn registered users, Bithumb has become one of the top #crypto exchanges in the world and a key player in the South Korean market.

๐Ÿ”ธIn 2014, Javier Sim founded Bithumb in South Korea.

๐Ÿ”ธFTX and Bithumb have recently been in negotiations. Will #FTX actually purchase Bithumb? We'll see.

๐Ÿ”ธSome of Bithumbโ€™s offerings include a crypto exchange, bot trading, API services, staking, lending, Bithumb prime, and a mobile app.

๐Ÿ”ธIt also plans to launch its own #NFT marketplace in the upcoming months of 2022 through a #partnership with LG CNS.

๐Ÿ”ธBithumb's #revenue rose 256.97% from $247.40 bn in FY 2020 to $883.15 bn in FY 2021.

๐Ÿ”ธRaised $287 mn in funding over 2 rounds.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6973994452021379074
๐Ÿ“ˆAre you willing to start and enjoy crypto trading, consider #Huobi, one of Chinaโ€™s top 3 #crypto exchanges and top 9 worldwide?

๐Ÿ”ธFounded by Jun Du and Leon Li in 2013 in Seychelles.

๐Ÿ”ธHuobiโ€™s #offerings include Spot trading, P2P trading, Futures, Options, Margin, OTC market, staking, Huobi earn, a mobile app, wallet, and mining pools.

๐Ÿ”ธHuobi's #revenue as of July 2022 was $110.1 mn, an increase of 0.18% from June 2022's $91.7 mn.

๐Ÿ”ธIntegrated #Pyth network, an oracle solution to offer financial data (Price feeds) for its Defi ecosystem.

๐Ÿ”ธRaised $2 mn in 5 #funding rounds and has made nearly 35 #investments.

๐Ÿ”ธAcquired 3 organizations; Bitex, BitTrade, and Huobi technology.

๐Ÿ”ธRecently partnered with Chiliz to launch Fan Token Zone, and also hosted a special PrimeBox event with a 2 mn USDT prize pool.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6974992891874082816
๐Ÿ“ˆ Do you know? Kraken Digital Asset Exchange was among the first few #crypto exchanges to offer spot trading, derivatives, and index products.

๐Ÿ”ธ Ranked 4th largest crypto #exchange based on traffic, liquidity, and trading volumes.

๐Ÿ”ธ Nearly 1000% increase in sign-ups in 2021! Over a $207+ bn quarterly trading #volume!

๐Ÿ”ธ Founded by Jesse Powell in July 2011 in California.

๐Ÿ”ธ Nearly 185+ cryptos, 130+ #trading pairs, and 7 fiat currencies are available for trading.

๐Ÿ”ธ Kraken's #revenue in FY 2021 was $25.7 mn, more than 100% growth compared to 2020.

๐Ÿ”ธ Krakenโ€™s offerings include margin trading, staking, futures, OTC, proof of reserves, #KrakenPro, #CryptoWatch, and API.

๐Ÿ”ธ Recently, RAKBANK partnered with #Kraken to revolutionize crypto trading in the UAE.

๐Ÿ”ธ Raised $132.6 mn in 15 #funding rounds from 2B Global Capital, VentureGarage, and others.

๐Ÿ”— Read More : https://www.linkedin.com/feed/update/urn:li:activity:6976898421060222976
๐Ÿ“ˆ Have a look at Gary Wang who owns 16% of #FTX!!!

๐Ÿ”น He even ranked #431 on the Forbes Worldโ€™s #Billionaires list of 2022 with a net worth of $5.9 bn.

๐Ÿ”น Gary Wang is the Co-Founder and CTO of FTX, the second largest Spot & Derivatives #Crypto Exchange globally.

๐Ÿ”น He is a Massachusetts Institute of Technology graduate in #Mathematics and #Computer science.

๐Ÿ”น He started his career as a #Software Engineer Intern at Facebook & Google.

๐Ÿ”น Later, he joined Alameda Research as #CTO and Serum as an Advisor in Oct 2017.

๐Ÿ”น In May 2019, he cofounded FTX with Sam Bankram-Fried which has grown to a 5 mn userbase, and its #revenue crossed $1.02 bn in 2021 with a net income of $388 mn.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6980507663784689664
๐Ÿš€ Here is the Bitstamp review, the 10th largest #crypto exchange by spot trading with a daily trading volume of $293.05 mn.

โ–ช๏ธ Founded in Aug 2011, one of the longest-running crypto #CEXs serves about 4 mn users across 100+ countries.

โ–ช๏ธ #Bitstampโ€™s founders are Damian Merlak and Nejc Kodriฤ.

โ–ช๏ธ Users have access to 78 cryptos, 170+ #trading pairs, and 3 fiat currencies.

โ–ช๏ธ Bitstampโ€™s #revenue as of July 2022 was $46.4 mn and in 2021, saw a 6.6% increase in total revenue from $51.89 mn to $55.35 mn.

โ–ช๏ธ Bitstamp's offerings include a #Desktop interface, #Mobile app, Bitstamp #Earn, #API connectivity, etc.

โ–ช๏ธ Bitstamp has raised $12.4 mn in 2 #funding rounds and has made 3 investments including Thalex.

๐Ÿ”— Read More : https://www.linkedin.com/feed/update/urn:li:activity:6980871710321381376
๐Ÿš€ Do you know Uniswap? The fourth-leading #decentralized exchange protocol!!

๐Ÿ”น Valued at $1.66 bn in a $165 mn new funding round, led by Polychain Capital and existing investors.

๐Ÿ”น Build your #Defi apps and tools on Ethereum's biggest #crypto project Uniswap!

๐Ÿ”น Has over 114 million+ all-time trades and has processed $1.2 Trillion+ worth of #cryptocurrencies.

๐Ÿ”น #UNI is Uniswapโ€™s governance token with a market cap of $4.9 bn and has a max supply of 1 bn UNI tokens.

๐Ÿ”น #Uniswap's monthly #revenue surged to $100 mn in Mar 2021 and reached a new peak in May 2021, an all-time high of $285 mn.

๐Ÿ”น Users can also trade #ERC-20 tokens, provide #liquidity to pools, earn rewards, and much more.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6988826218393452544
๐Ÿ”น Binance Vs Coinbase: Which #Exchange will you choose?

๐Ÿ”น #Binance with a trading volume of $48.28 bn in the last 24 hrs, making it the top-ranked exchange ahead of #Coinbase at roughly $5.46 bn.

๐Ÿ”น Coinbase made $7.8 bn in #revenue in 2021, a 550% increase from 2020, and Binance made $20 bn, almost 4 times from 2020.

๐Ÿ”น Binance has valued at $300 bn in 2022 whereas Coinbase is at $18 bn.

๐Ÿ”— Read More: https://www.linkedin.com/feed/update/urn:li:activity:6996352174641344513