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Aqex Technologies India Raises USD 7.5 Million From Hindustan Media Venture

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Aqex Technologies India (Aqex) saw Hindustan Media Ventures Ltd. take the lead and contribute roughly USD 7.5 million to the funding pool. Later this year, Aquarius Exchange, a top-tier cryptocurrency trading platform, will launch in South Asia (with an emphasis on India). With Aquarius Financial Technologies UK, a shareholder and technology partner of the business. Aqex has also forged a strategic alliance with CQG, a well-known name in trading technology on a global scale. The exchange is supported by the necessary infrastructure thanks to CQG.

With the introduction of Aquarius Exchange, the platform seeks to introduce expert trading technology to South Asian virtual digital asset markets. High fees, unreliable platforms, and inadequate infrastructure are some of the problems that Aquarius' ground-breaking proprietary matching engine was designed to address in the crypto trading industry. Aquarius Exchange is one of the quickest systems in the market, with a matching capability scalable to more than 100 million transactions per second (tps). Aquarius will offer 0% trading fees across all pairings in addition to its ground-breaking technology, which should result in significant cost savings for regular traders. They have unveiled a model that is subscription-based and allows limitless trading across all pairs.

"We anticipate Aquarius Exchange to revolutionise the cryptocurrency trading sector. In this sector, professional and high-frequency traders will finally have technology that meets their needs. We are devoted to bringing total compliance and transparency to every facet of business. Our efforts to grow our brand and raise awareness should benefit greatly from association with a reputable media conglomerate like HT, according to Surajit Chanda, Director of Aqex Technologies India Pvt. Ltd.

Aqex will play an important role in the evolution of the South Asian digital asset markets, particularly India. Aqex is in the greatest position to provide its consumers with a dependable, secure, and seamless trading experience because to its cutting-edge technological capabilities and exclusive algorithms. According to current estimates, there are between 15 and 20 million crypto investors in India, and their assets are worth over $4 billion. As the laws governing crypto ownership become clearer, I anticipate this ownership to skyrocket. Anirudh Singhal, Strategic Investment Head at Hindustan Times, said, "We are excited about the exciting journey ahead and share Surajit and Rupali's ambition.