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Coinrate.pro Expands Global Presence with New Office in UAE

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Wed, 22/05/2024 - 9:34
Coinrate.pro Expands Global Presence with New Office in UAE
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Coinrate.pro, a leading fintech, market making and blockchain technology company announced the official opening of its new office in the United Arab Emirates (UAE). This marks a significant milestone in the company's global expansion strategy.

Coinrate.pro: A pioneer in blockchain fintech

Established in 2009, Coinrate.pro has been at the forefront of providing professional blockchain technology solutions and services to clients worldwide. With extensive experience in traditional financial markets and deep insights into the blockchain and cryptocurrency space, Coinrate.pro has emerged as a recognized leader in the industry.

The company boasts a strong multinational team with diverse expertise spanning brokerage, market making, hedge funds, speculative trading, asset management, software engineering, and Web3. This rich professional background, combined with a keen sense of emerging technologies, fuels Coinrate.pro's continuous innovation.

Accelerating global footprint: The strategic significance of the UAE office

The establishment of the new office in the UAE reflects Coinrate.pro's commitment to global expansion. CEO Sergey Smotrov stated, "In recent years, the UAE has cultivated a highly favorable policy and regulatory environment for the blockchain industry, attracting numerous outstanding fintech companies. Over the past three years, the number of registered cryptocurrency businesses in the UAE has surged by 400%, driving a sharp increase in global digital asset trading volume, accounting for 10% of the worldwide total. This fully demonstrates the immense potential of the UAE as a hub for the cryptocurrency industry."

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"Moreover, the Middle East and North Africa region is becoming one of the fastest-growing cryptocurrency markets globally. Currently, nearly 9.2% of the trading volume originates from the UAE, which also contributes around 8% of the global total mining hash rates. It is evident that a thriving crypto ecosystem is taking shape here, presenting rare opportunities for the industry," Smotrov pointed out.

"As a nexus connecting Europe, Asia, and Africa, the UAE brings together top talents and innovative projects. For Coinrate.pro, establishing an office here not only enables us to better serve clients in the Middle East and North Africa and seize market opportunities but also lays a solid foundation for further global market expansion. We look forward to joining hands with local partners to jointly promote the healthy development of the cryptocurrency industry in the region," Smotrov concluded.

Innovation-driven growth: Coinrate.pro's core business

As a leading cryptocurrency market maker, Coinrate.pro's core business focuses on creating vibrant markets for clients' projects, boosting trading volume and market confidence, and attracting more traders. The company's proprietary AI-powered market-making system employs strategies such as deep order books, tight spreads, and intelligent volume management to generate favorable price movements and create significant value for clients' tokens.

Additionally, Coinrate.pro offers innovative liquidity solutions to help emerging cryptocurrency exchanges overcome liquidity challenges arising from low organic traffic while managing currency risks. The company is developing a diverse range of structured products and trading strategies to meet the growing demands of institutional investors.

Cutting-edge technology advantage: AI-empowered market making

Coinrate.pro's technological prowess is second to none. "Our powerful AI-driven system can increase the market capitalization of new project tokens by up to 12 times, with existing projects seeing a 3.8-fold growth potential. Overall trading volume is expected to surge by 7 times," explained Smotrov. "This is all thanks to Coinrate.pro's exceptional capabilities in quantitative trading and algorithmic optimization."

The company continues to invest heavily in advanced technologies such as big data processing and machine learning to build truly intelligent trading systems. By seamlessly integrating massive multi-dimensional data and applying complex mathematical models for real-time analysis, Coinrate.pro's AI system can make optimal decisions autonomously, minimizing human intervention.

Customer-centric approach: Tailored market making services

"Every project and client is unique, and we respect that distinctiveness by providing customized market-making solutions," emphasized Smotrov, highlighting Coinrate.pro's customer-centric philosophy. Through thorough market analysis and in-depth client communication, the company designs market-making strategies that best align with each client's needs.

"Our market-making services go far beyond just providing liquidity. More importantly, we help establish a strong market reputation and recognition for our clients' tokens, creating favorable conditions for their long-term growth." Coinrate.pro offers comprehensive support, including 24/7 trading desk coverage, flexible OTC trading services, and robust risk monitoring and reporting systems to safeguard clients' interests.

Shaping the future: Leading industry transformation and pioneering asset management

Looking ahead, Smotrov is highly optimistic about the future of the cryptocurrency industry. He believes that as mainstream markets increasingly embrace digital assets and regulatory frameworks mature, blockchain technology will find more diverse applications across industries, particularly in finance.

"The cryptocurrency market is evolving rapidly, posing new demands on asset management. Traditional passive index investment strategies can no longer meet the increasingly professional and sophisticated needs of institutional investors. The future undoubtedly belongs to intelligent investing."

Against this backdrop, Coinrate.pro has charted a clear development roadmap. "Our ultimate goal is to pioneer a new paradigm of asset management that fully leverages the decentralized advantages of blockchain technology while harnessing artificial intelligence to automate and intelligentize investment strategies," revealed Smotrov. The company plans to introduce more innovative structured products and funds within the next 6 months, and open up AI-driven portfolios to more private investors over the next two years.

"Coinrate.pro will continuously explore the revolutionary applications of blockchain and AI technologies in the investment realm. Rooted in our DNA of quantitative investing and risk management, and empowered by cutting-edge technologies, we are confident in leading industry transformation, injecting new vitality into the cryptocurrency market, and creating greater value for our global clients."

About Coinrate.pro

Coinrate.pro is a fintech and blockchain technology company headquartered in the United Arab Emirates (UAE), operating since 2009. The company is dedicated to providing reliable and experienced cryptocurrency market-making services to clients worldwide. With a professional team whose expertise spans brokerage, market making, hedge funds, speculative trading/asset management, software engineering, and Web3 technologies, Coinrate.pro's mission is to create vibrant markets for clients' projects, boost trading volume and market confidence, and generate significant value for tokens through innovative market-making methods and cutting-edge technologies. To learn more, please visit www.coinrate.pro.

Contact:

Wilson Chen

Marketing Manager

wilson@coinrate.pro

Addax Office Tower 

Al Rayfah St - Al Reem Island - City of Lights - Abu Dhabi - United Arab Emirates

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