Cryex Group
Financials
Estimates*
SEK | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | - | - | - | 207m | 315m | 758m | 635m |
% growth | - | - | - | - | 52 % | 141 % | (16 %) |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | <1m | <1m | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$10.0m | Early VC | ||
N/A | Acquisition | ||
Total Funding | $10.0m |
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Recent News about Cryex Group
EditCryex is a regulated cryptocurrency brokerage that specializes in facilitating secure and fast Bitcoin transactions. The company operates within the European market and adheres strictly to Anti-Money Laundering (AML) laws, ensuring a high level of trust and security for its users. Cryex serves a diverse range of clients, from individual investors to institutional traders, who are looking to buy or sell Bitcoin quickly and securely. The business model is straightforward: Cryex makes money by charging a fee on each transaction processed through its platform. The company has experienced significant growth, driven by the increasing demand for access to the cryptocurrency economy, which has evolved from a niche experiment in 2009 to a $200 billion industry today. Cryex's user-friendly interface and robust customer support further enhance its appeal, making it one of the most trusted names in the European cryptocurrency brokerage market.
Keywords: cryptocurrency, Bitcoin, brokerage, regulated, AML compliance, European market, secure transactions, individual investors, institutional traders, user-friendly.