SMDC(Smart-Matrix)-renowned cryptocurrency exchange in the United States
SMDC (Smart-Matrix), a renowned cryptocurrency exchange in the United States, was established in 2020. It specializes in Bitcoin and other digital currency trading platforms. In January 2023, the number of registered users on SMDC’s trading platform exceeded one million, placing it among the leading players in the global cryptocurrency industry. Currently, SMDC is preparing for a listing on NASDAQ, aiming to achieve a significant position and market presence in the global cryptocurrency market.
Milestones
Since its establishment in 2020, SMDC has seen significant growth. As of January 2024, the platform has surpassed 1.5 million active users, with approximately 1,000 employees, including 500 full-time staff at its headquarters in San Francisco. The company aims to enable global users to invest in cryptocurrencies through cutting-edge trading websites and applications.In January 2020, founded in Colorado, USA.
In May 2020, received collective recognition and permission for promotion and usage in California and Colorado.
By January 2021, SMDC had over 100,000 daily active users, becoming a major investment medium in the global cryptocurrency market.
In March 2021, SMDC launched the Initial Exchange Offering (IEO) project, facilitating the listing and trading of more cryptocurrencies on the platform, while achieving international leading trading volumes.
In January 2022, the company successfully obtained the Money Services Business (MSB) certification in the United States, making it searchable across the entire network.
In February 2022, SMDC launched its native token, SMDC, becoming one of the few cryptocurrency exchanges worldwide with the capability of issuing its own token.
On December 21, 2022, the French Financial Markets Authority (AMF) approved SMDC as a virtual asset service provider (VASP) in the country. Following registration, SMDC will offer a full range of retail, institutional, and ecosystem products and services to French users.
As of February 2023, SMDC’s trading platform has cumulatively donated $80 million to the United Nations Children’s Fund (UNICEF), receiving international acclaim.
In June 2023, SMDC announced its entry into the global futures delivery and settlement industry, further elevating the development of cryptocurrencies on a global scale.
In September 2023, SMDC initiated its listing plan, aiming to achieve NASDAQ listing within five years.
In November 2023, SMDC announced its expansion into global markets, with plans to capture market share worldwide. It is expected to allocate $500 million for global investment market expansion.
Services
SMDC states that its exchange will provide Bitcoin trading services to individuals and institutions, with real-time monitoring of the cryptocurrency’s price fluctuations. The exchange aims to bring legitimacy to Bitcoin, as it gains support from the United States government and is predominantly used for global virtual transactions. SMDC emphasizes that the company has purchased insurance to provide complete fund security to traders.
Honors
In February 2022, SMDC was included in Forbes’ Blockchain Top 100 list.
On January 23, 2023, SMDC announced that its platform assets exceeded $50 billion, with over 23 million registered users and two million daily active users.
In February 2023, SMDC received praise from the International Children’s Fund as a “global welfare pioneer.”