KLICKL’s Commitment to Regulated Custody Business: A Journey of Collaboration, Innovation, Security, and Market Expertise

Dubai: May 24, 2023

As the world of cryptocurrencies continues to evolve, so does the need for secure and regulated solutions. KLICKL, a pioneering virtual asset exchange, has witnessed the market’s turbulence and recognizes the importance of providing a safe environment for investors to navigate the digital asset space. With a firm commitment to pursue a regulated custody business, KLICKL aims to revolutionize the crypto industry by focusing on technical excellence, operational know-how, industry-focused experience, and fostering a collaborative ecosystem with regulators and market participants in the Middle East and North Africa (MENA) region.

Since its inception as an early-stage virtual asset exchange, KLICKL has experienced first hand the challenges and risks associated with the rapidly evolving crypto market. Security breaches, process risks, and regulatory uncertainties have led to a growing demand for a safer and more reliable approach to digital assets. Recognizing these concerns, KLICKL has pivoted its strategy towards establishing a regulated custody business, enabling a new generation of investors to enter the crypto world with confidence.

Central to KLICKL’s commitment to providing a secure and compliant custody solution is its dedication to embracing regulatory cooperation. KLICKL actively engages with regulators, seeking to understand and comply with the latest regulatory requirements in the crypto space. This collaborative approach ensures that KLICKL’s platform remains at the forefront of industry standards, paving the way for a more transparent and accountable crypto ecosystem.

Michael Zhao, CEO of KLICKL, emphasizes the importance of working hand-in-hand with regulators and market participants: “Our vision is to create an environment where everyone can thrive together. By fostering collaboration with regulators and other industry players, we can contribute to the growth and stability of the entire crypto ecosystem, ultimately benefiting all market participants.”

In addition to its commitment to regulatory collaboration, KLICKL has built a strong foundation in technology excellence. By developing proprietary virtual asset custody solutions, KLICKL has created a robust and secure infrastructure that sets it apart from competitors. The platform’s advanced security measures, including multi-signature wallets, end-to-end encryption, and cold storage solutions, ensure that clients’ digital assets are protected from emerging threats.

Moreover, KLICKL’s team of experts brings a wealth of operational knowledge and industry-focused experience to the table. By combining their deep understanding of regional market dynamics in the MENA region with a strong grasp of global trends, KLICKL is well-equipped to navigate the complex and rapidly changing crypto landscape. Steven Fang, CTO of KLICKL, highlights the team’s regional expertise: “Our in-depth knowledge of the MENA market, coupled with our global insights, allows us to provide tailored solutions that set us apart in the industry.”

As the crypto market continues to grow and mature, KLICKL’s commitment to a regulated custody business demonstrates its unwavering dedication to providing a secure, compliant, and innovative platform for its clients. By leveraging cutting-edge technology, operational expertise, and a deep understanding of the MENA region, as well as fostering collaboration with regulators and market participants, KLICKL is poised to lead the charge in the digital asset space, paving the way for a safer, more prosperous, and interconnected future in the world of cryptocurrencies.