Fastex Exchange announced that it has won the award in the Fintech Solution of the Year category at this year’s SiGMA Americas Awards. The ceremony took place at the Transamerica Expo Center in São Paulo, Brazil, on June 14th.
As per the exchange, SiGMA is a renowned awards show and expo that brings together industry experts, professionals, and thought leaders in the IT and emerging technology sectors. Fastex has stood out among other competitors with its cryptocurrency exchange solution.
Fastex noted that the award recognized its dedication to providing a digital asset trading experience for its global user base. It further called the award a testament to the team's hard work, dedication, and commitment.
"We sincerely thank SiGMA for acknowledging our efforts," said Fastex Exchange in a statement.
#FastexExchange Wins Fintech Solution of the Year at @SiGMAworld_ in #Brazil! 🌟🏆
— Fastex (@Fastexecosystem) June 16, 2023
We're thrilled to announce our big win & express our gratitude to our exceptional team, partners, & supporters who made this achievement possible. 🙌
Learn more: https://t.co/UKM9iwuI9d pic.twitter.com/0HGlOB74lT
The Fastex Chain platform was first announced in November last year by iGaming and betting solutions provider BetConstruct. The company has introduced the Fastex Chain as a “blockchain platform that brings a new way of business development and revenue growth on blockchain."
BetConstruct noted the platform’s ecosystem innovation resides in its Proof of Stake and Activity (PoSA) consensus mechanism, taking into account the actions of users to maximize their opportunity to become a validator. The platform was widely launched earlier in February this year
During its launch, company co-founder Vigen Badalyan said: “I am delighted with the successful launch of the Fastex Chain testnet. This innovative blockchain technology has the potential to fuel the growth of Web 3 technologies and fuel the future of the digital economy .”