By Sam Boughedda
Investing.com — Future Fintech Group Inc (NASDAQ:FTFT) shares have strengthened over 8% Monday on the back of news its subsidiary, FTFT Capital Investments has launched a cryptocurrency market data platform.
According to the company, the platform, named FTFTX, will provide institutional and individual investors with real-time cryptocurrency market data and aggregate trading information from various cryptocurrency exchanges.
The new platform — which follows FTFT's announcement of a new blockchain division — will have features including access to market rates resulting from the aggregation of information from exchanges and liquidity pools, while it will also provide macroeconomic and cryptocurrency news.
"The launch of the FTFTX cryptocurrency and market data platform is a landmark event in the history of the Company," stated Shanchun Huang, CEO of Future FinTech.
"We believe that FTFT Capital in Dubai will be a market leader in the market data and information services sector for cryptocurrency trading and investment as well as in the field of innovative financial services."