Tradesilvania crypto platform reached in April a turnover of one billion euros in its first five years of activity, becoming the first crypto unicorn in Romania, according to a company press release, quoted by ActMedia.eu.
The volume was made exclusively from crypto services for Romanian and European clients, with the platform having been available to all European citizens since its launch in 2018.
“This is an important moment in the evolution of the company and for our team, being an accomplished goal that encourages us to maintain the pace of investment in the crypto ecosystem in Romania and Europe. This result is due to the team and to the more than 60,000 customers, and now we are preparing for the next threshold: the 10 billion euro at the next bull run,” said Tradesilvania Deputy CEO and co-founder Razvan Moldovan.
The company’s goals for 2023 include a 100% increase in the number of retail customers, the completion of the integration process of customer account feed channels and the development of a community around the Tradesilvania platform and ecosystem to increase accessibility to the crypto market for as many investors as possible.
“In the first months of this year, client investments remained stable, as both Bitcoin and Ethereum, the two most important cryptocurrencies, have seen significant increases since the beginning of the year. Bitcoin grew by more than 70% in 2023 at the expense of developments in the financial markets and the general economic situation. Adoption remains on a sustained upward trend across Europe, a trend also validated by the latest market survey conducted by Tradesilvania in collaboration with IPSOS which shows that four out of ten Romanians have owned or hold cryptocurrencies,” Moldovan added.
The Tradesilvania co-founder believes that recent legislative developments, with the approval of Markets in Crypto-assets (MiCA), the first European legislative act regulating the crypto market, will sustain this trend in the medium and long term.
Tradesilvania remains the crypto platform with partnerships in the local banking system, an important development both for the achievement of its objectives and for the crypto ecosystem and adoption in Romania.
The premium crypto investment platform Tradesilvania.com has been present in Romania for over five years, in Cluj-Napoca and Bucharest, and offers 24/7 access to 70 cryptocurrencies for SPOT trading and over 2,000 through the OTC (over the counter) service, with 0% commission. The platform is addressed to individuals, companies and institutions, facilitating crypto adoption both as an investment and operational tool for companies developing solutions for new industries such as Metaverse, NFT, AI, Blockchain and others.
