Fast-Growing BiKi.com Secures Investments from Genesis and FBG Capital

12th June, Singapore, Singapore – Fast-growing cryptocurrency exchange BiKi.com
has recently attracted yet another slew of investments, this time from
influential blockchain investment institutions Genesis Capital and FBG
Capital.

Crypto fund Genesis Capital’s
purported mission of discovering and supporting early-stage projects
with the most potential is particularly apt in the case of BiKi.com. In
under a year, the infant exchange has managed to accumulate more than
1.2 million registered users and more than 100K daily active users, not
to mention its impressive climb to top 15 rankings on the rungs of the
global crypto exchange ladder. Genesis’ current investment portfolio
includes esteemed projects the likes of Tron, Quarkchain, Egretia and
Arcblock, to name a few. In total, Genesis has invested 2 million in
BiKi.com, the first million on 27th May followed by another million on
29th May.

Previously backed by Silicon Valley VC Sequoia, digital asset management firm FBG Capital,
whose past investment projects have increased 10 to 100 times, has also
set its sights on BiKi. FBG has long gained industry respect for
discovering and investing in projects such as 0x, Zilliqa, OmiseGO, IOST
and Aelf, years before they became successful. FBG’s strategic
investment in BiKi will see multi-level co-operation between the two
parties which includes FBG providing professional and market resources
that will aid BiKi in increasing its market share and implementing
trading platform improvements. The enthusiasm of FBG CEO Zhou Shouji,
who has been featured on the cover of Forbes, has certainly improved
branding for the young exchange, with his friendly recommendations of
BiKi skyrocketing the value of its token by 300% in one week.

“We are extremely honored that FBG has such great faith in Biki,” said Ethan Ng, CEO of BiKi.com SEA. “FBG has continually shown amazing foresight in their investments and this partnership is a clear signal that FBG believes BiKi is going places; especially now, with their support, we will no doubt achieve even better project quality, services and branding.”

Not Just Another Exchange

Notably, BiKi.com’s
strategy of listing not only the top 100 most popular tokens but also
 emerging high quality projects on the exchange has stood it in good
stead. With the tendency of investors to flock to trending projects,
using users to attract other users is a core point of competitiveness
for exchanges.

Its focus on conversion marketing
during a bear market in late 2018 and early 2019 using unconventional
user-growth tactics has also proven to be effective. By converting a
non-crypto audience into new exchange users through Chinese e-commerce
platforms, BiKi was able to generate daily real transaction volumes of
20 to 100 million USDT, with its net profit in May reaching RMB 10
million, approximately USD 1.5 million.

Targeting foreign market expansion
within a competitive timeline, building community partners worldwide as
well as providing substantial support for listed projects also sets BiKi
apart from its peers.

With corporate giants like Facebook,
Goldman Sachs, JP Morgan coming out with digital currencies, coupled
with mainstream media’s constant coverage, cryptocurrencies have finally
gained mass acceptance. Should market conditions continue to improve, a
high influx of new investors entering the market can be expected, with
exchanges being the greatest benefactors of this new wave of users.

As Huobi co-founder and BiKi.com’s
largest investor Jun Du has gushed, “This year’s ‘miracle’ should belong
to BiKi.”  With quality digital assets and strong consumer demand going
hand-in-hand, BiKi will likely emerge a dark horse when the bull market
breaks out again.

About BiKi.com

Headquartered in Singapore, BiKi.com
is a global cryptocurrency exchange that provides a digital assets
platform for trading more than 100 cryptocurrencies and 127 trading
pairs. Since beginning operations in Aug 2018, BiKi.com is considered
one of the fastest-growing cryptocurrency exchanges in the world with an
accumulated 1.2 million registered users and 100,000 daily active
users, ranking within the top 15 exchanges globally.

Blockchain check source: 0xe2bf3b364a1f2f97d8c6fda3f425b36bb993823655a3c42ebbc4ee93368294fd