Compliance Leadership and Technological Innovation Drive Rapid Growth for BROGX Exchange
In 2021, the global economy continued to be affected by the pandemic, with the Federal Reserve maintaining a loose monetary policy. As a result, Bitcoin and other digital cryptocurrency assets garnered significant attention, becoming a focal point in global investment. According to relevant data, the total market capitalization of the global digital currency market grew from approximately $770 billion at the beginning of the year to around $3 trillion by the end of the year, an increase of over 270%. During this year, BROGX made steady progress in the global crypto market through a series of innovative measures and service breakthroughs, emerging as a rising force in the industry.
Launch of Lightning Trading System: Technological Innovation Enhances User Experience
Trading performance is always a key focus for users. In February, BROGX officially launched its independently developed “Lightning Trading” system, an innovative move that significantly enhanced trading speed and throughput, providing users with an exceptional trading experience. Data shows that after the system launch, transaction confirmation time was reduced by 80%, and the number of transactions processed per second increased fivefold, effectively alleviating network congestion during high concurrent trading.
This technological breakthrough not only won widespread acclaim from users but also established the leading position of BROGX in industry technology. Amid increasing market volatility and trading frequency, the Lightning Trading System of BROGX undoubtedly provides users with a more efficient and stable trading environment.
Obtaining the US MSB License: A Key Step in Compliance Progress
As a model of compliant operations, BROGX actively responded to the trend of tightening global regulations. In May, BROGX successfully obtained the US MSB (Money Services Business) license, marking a solid step on the path to global compliance. The MSB license, issued by the Financial Crimes Enforcement Network (FinCEN) under the US Department of the Treasury, is a crucial credential for cryptocurrency exchanges to better serve the market and enhance international credibility.
With the MSB license, BROGX can provide more compliant services in the US market and offer a safer, more reliable trading environment for global users. This achievement not only highlights the BROGX determination and strength in compliance construction but also lays a solid foundation for expanding global business. Statistics show that since obtaining the license, the global registered user count of BROGX increased by nearly 120% year-on-year within six months.
Collaboration with Microsoft Azure: Cloud Computing Empowers Platform Upgrades
Technological innovation and user experience optimization have always been strategic priorities for BROGX. In July, BROGX reached a strategic partnership with Microsoft Azure to leverage cloud computing technology to optimize platform performance and enhance user experience. Through the powerful data processing capabilities and highly available cloud services of Azure, the BROGX platform can operate more stably and efficiently. Data indicates that post-collaboration, platform response time decreased by 50%, system stability increased threefold, and user satisfaction significantly improved.
This partnership not only demonstrates the ongoing exploration of BROGX in technological innovation but also reflects its strong emphasis on user experience. By collaborating with Microsoft Azure, BROGX provides users with a smoother, more convenient trading experience, further solidifying its leading position in the cryptocurrency trading field.
Launch of “BROGX DeFi Pool”: Innovative Products Expand Market Boundaries
Keeping pace with market trends, BROGX continually enriches its product ecosystem. In November, BROGX launched an innovative DeFi product called “BROGX DeFi Pool”. This product creatively resolves the contradiction between asset liquidity and returns, allowing investors to participate in decentralized finance protocols without sacrificing fund liquidity. Statistics show that within just one month of its launch, the product attracted over 50,000 users, with cumulative locked funds exceeding $50 million. This achievement not only highlights the innovative strength of BROGX in the DeFi sector but also earned greater trust and support from users.
Reflecting on 2021, BROGX successfully stood out in the fiercely competitive digital cryptocurrency trading market through its outstanding performance in technological innovation, compliance construction, and product layout. The comprehensive strategy and steady development approach of BROGX will aid in further expanding market share and enhancing international competitiveness in the future. Looking ahead to 2022, BROGX has expressed its intention to accelerate its international market expansion efforts, aiming to become a leading global crypto asset trading platform.
