Source: TruBit Pro

On January 29, 2024, TruBit Pro officially announced its entry into the Asian market as a major step in its global strategy. The move aims to strengthen the connection between TruBit Pro and its Asian clients and partners, further expanding the company's business scope and influence in the region.

TruBit Pro has spent years establishing a strong regional advantage in North and Central/South America, giving us the confidence to build an ecosystem that spans North America, South America, and Asia, providing participants from around the world with a more efficient, transparent, and secure platform for communication and collaboration. With the launch of TruBit Pro's products and services in the Asian market, the company expects to provide innovative and efficient solutions for local customers. Through close collaboration with the Asian market, TruBit Pro is committed to improving the quality of its products and services while promoting regional economic development.

We are who?

TruBit Pro is a comprehensive international trading platform rooted in Latin America with global business coverage, dedicated to providing professional traders with one-stop comprehensive services. Our services cover spot trading, derivative trading, and various digital asset financial services. The platform's features include efficient spot trading of more than 160 currency pairs, smooth and professional contract trading experience, advanced grid trading system, diverse financial products such as USDT with up to 13% annualized yield, OTC trading supporting multiple fiat currencies, and year-round customer service. Looking ahead to 2024, we plan to launch more innovative products such as copy trading and upgraded AI strategy trading.

TruBit Pro trading platform is affiliated with its parent company Galactic Holdings, which is the only compliant and comprehensive platform in Latin America that owns digital currency wallet TruBit, trading platform TruBit Pro, and stablecoin MMXN anchored to the Mexican peso. TruBit Pro and its subsidiaries have obtained financial technology and payment regulatory licenses from multiple countries, including the US MSB, Mexico VASP, and Argentina PSP. Since its establishment in 2020, it has operated in compliance for more than four years without any security incidents, fully ensuring the security of user funds and providing services to customers with the highest level of operational standards.

Currently, Galactic Holdings has completed Pre-A and A rounds of financing. The Pre-A round of financing was $10 million, led by BAI Capital and Jump Trading, with participation from Animoca Brands, Y2Z Ventures, Longling Capital, Head & Shoulders, TKX Digital Group, Perseverance Capital, and Palm Drive Capital. The A round of financing was led by Galaxy Interactive and Dragonfly, with participation from multiple institutions including SHK.

In addition, TruBit Pro has successfully established compliant channels for the three major legal currencies in Mexico, Argentina, and Brazil, providing users with the service of buying and selling cryptocurrencies directly through bank transfers. The company has also launched a cryptocurrency prepaid card authorized by Mastercard, and provides customers with real-time settlement and low-cost international payment services based on blockchain technology. Whether it is enterprises or individuals in North America, South America, or Asia, they can achieve fast, secure, and cost-effective cross-border fund flows through this ecosystem.

"In Latin America, we have established a strong user base through continuous innovation and improving user experience. We will continue to uphold the principles of security, innovation, and user-centricity, and extend the successful experience in Latin America to the global market, bringing excellent digital asset trading platforms to global users. As the first step in our global strategy, TruBit Pro has chosen Asia after careful market research and thorough preparation," said Maggie Wu, CEO and co-founder of Galactic Holdings.

Why choose Asia as the first step to implement global strategy?

Asia has always played a crucial role in the global digital asset market. Here are several key aspects of the importance and significance of the Asian market in the global crypto market:

Large user base

Asia has the world's largest population, including a large number of young and digitally savvy users. The vast user base in Asia provides enormous potential for the adoption and promotion of digital assets.

Innovation and Technological Leadership

The investment and development of technology and innovation in Asian countries is impressive. The leading position in fields such as blockchain technology, artificial intelligence, and financial technology has made Asia the forefront of global digital asset innovation. Asia's technological advantages provide solid technical support for blockchain and encryption projects, driving the evolution of the global digital asset market.

Activity in the financial market:

Asia has a series of active and diverse financial markets, including developed stock markets and financial institutions. Its financial activity provides a wider and more diverse source of capital for digital assets, making Asia a popular target for global digital asset investment. This not only drives capital flows, but also injects more vitality into the global digital asset market.

Government Attitude Shift

The attitudes of governments in various Asian countries towards the cryptocurrency market differ, but overall they are positive. Countries such as Japan, South Korea, Singapore, Malaysia, and Hong Kong, China have always maintained an open attitude towards digital assets and blockchain technology. India's cautious attitude has also been improved after allowing banks to conduct business with cryptocurrency companies in 2020.

In summary, the Asian market is of great significance to the global cryptocurrency market. For participants in the digital asset industry, gaining a deeper understanding and actively embracing the Asian market will be a necessary step in facing future challenges and opportunities.

TruBit Pro officially enters the Asian market

TruBit Pro team has been paying close attention to the attitudes of governments around the world towards digital assets, and recognizes the importance of the Asian market in the global crypto market. The development of the Asian crypto market is seen as a crucial step towards entering the global market, following the stabilization of the Latin American market.

Build an Asian team

In order to better meet the needs of the Asian market, TruBit Pro is well prepared. Not only have they organized successful experiences from Latin America, but they have also built a strong Asian team, including strategic experts, local market business experts, business development personnel, technical support, and customer service. The core members are from top trading platforms such as Binance, OKX, Coinbase, Bitget, Bybit, with an average industry experience of more than 8 years, ensuring the completeness and professionalism of the team, enabling TruBit Pro to have the ability to rapidly expand the local market.

Service Localization

Adapting to local culture and language is also a key factor in successfully entering the Asian market. In the past, TruBit Pro's product language mainly consisted of Spanish, Portuguese, and English. During the Asian team building and improvement phase, we also launched a traditional Chinese language pack, and Korean and Vietnamese are also under development, hoping to bring more thoughtful and convenient services to everyone. In addition, we are applying for licenses in Hong Kong, Singapore, Taiwan, and other places, as well as establishing cooperation with compliance agencies in various regions, hoping to open more compliant fiat currency deposit and withdrawal channels in the near future.

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