Singapore, Singapore, June 17th, 2024, Chainwire
VALR, the Pantera-backed crypto exchange, has embarked on a significant tour across Europe, engaging in pivotal discussions and fostering key partnerships to shape the future of finance. This tour marks a strategic expansion following numerous successful initiatives in Asia, solidifying VALR’s commitment to advancing a world-embracing financial system.
The tour commenced in Prague, where VALR made a notable impact at ETH Prague, further establishing their influence within the blockchain community. The team then proceeded to Amsterdam to attend Money2020, one of the premier events in global fintech. In Paris, VALR partnered with Proof of Talk as a Gold Sponsor. Here, VALR’s Co-Founder and CEO Farzam Ehsani joined a distinguished panel with other top executives. They discussed measures required to cultivate trust in the crypto industry and drive real-world impact, as well as larger questions regarding the state of the US dollar as the world’s reserve currency, the prospects of Bitcoin, and the volatility inherent in the current financial transition at the macro-economic level.
In London, VALR’s journey culminated with their participation in The Digital Commonwealth for the Mansion House Summit Series 2024. Ehsani delivered a compelling keynote on “The Changing World Order & Finance,” articulating the profound changes shaping global finance and VALR’s role in this transformative era.
Ben Caselin, who joined VALR as Chief Marketing Officer late last year, spoke about VALR’s European tour and the broader vision guiding their mission: “We are not merely inviting the world’s traders to join our exchange; we are calling on the global community to work and partner with us in our mission to progress humanity, advance civilization, and build a financial system that upholds human dignity and facilitates true flourishing.”
CEO Farzam Ehsani expanded on this vision, stating, “At VALR, we are fundamentally a values-driven exchange. While our goals are ambitious and our ideals lofty, we refuse to compromise on our standards for the sake of convenience or accelerated growth. The needs of our time are clear: innovation in technology must be matched with moral courage and ethical leadership. At VALR, we believe this combination is the cornerstone of sustainable growth and lasting impact. This is what we stand for and what we have sought to convey during our tour of the European continent.”
2024 has been a remarkable year of growth for VALR. Over the course of the past few months, the company has made significant strides in expanding its workforce, especially in Asia. Furthermore, in May, the exchange saw a doubling in futures volume. Additionally, VALR has been experiencing consistent user growth from virtually all over the world and is projected to double its user base to 1 million globally by year-end, representing a 100% increase since the beginning of the year.
About VALR
Founded in 2018, VALR is a global cryptocurrency exchange serving over 1,000 corporate and institutional clients and close to 700,000 users worldwide. Headquartered in Johannesburg, VALR is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa, approved to offer services in Europe, and has received initial approval from Dubai’s VARA. The exchange has secured $55 million in equity funding from prominent investors, including Pantera Capital, Coinbase Ventures, and Avon Ventures, affiliated with Fidelity Investments’ parent company. For more information, visit: valr.com
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