Bucharest, May 22nd, 2023 – In April, the crypto platform Tradesilvania reached a traded volume of one billion euros in its first five years of activity, becoming the first crypto unicorn in Romania. The traded volume was made exclusively from crypto services provided to Romanian and European customers, the platform being available to all European citizens since its launch in 2018.
“This is an important milestone for our company and encourages us to maintain the pace of investment in the Romanian and European crypto ecosystem. This result is due to the team and our more than 60,000 customers. Now we are preparing for the next milestone: the €10 billion mark in the next bull run,” said Răzvan Moldovan, Deputy CEO and cofounder of Tradesilvania.
The company’s goals for 2023 are a 100% increase in the number of retail customers, completion of all top-up channels integrations and the development of a crypto community around its platform and ecosystem. This will increase accessibility to the crypto market for more investors.
“In the first months of this year, client investments have remained stable as both Bitcoin and Ethereum, the two most important cryptocurrencies have seen significant increases since the beginning of the year. Bitcoin has seen a price increase of over 70% in 2023 despite the evolution of the financial markets and the general economic landscape. Crypto adoption remains on a steady rise across Europe, a trend also validated by the latest market survey conducted by Tradesilvania and IPSOS that shows that 4 out of 10 Romanians have owned or currently own cryptocurrencies”, added Răzvan Moldovan.
Tradesilvania’s co-founder believes that recent legislative developments, with the approval of MiCA, the first European legislative act regulating the crypto market, will support this trend in the medium and long term.
Tradesilvania remains the crypto platform with partnerships in the local banking system, an important development for achieving its goals and for the growth of the crypto ecosystem and adoption in EU and Romania.
The premium crypto investment platform Tradesilvania.com has been present in Romania for over five years, in Cluj-Napoca and Bucharest. It offers 24/7 access to 70 cryptocurrencies for SPOT trading and over 2,000 through its OTC (over the counter) service with 0% commission.
The platform provides services to a diverse clientele, including individuals, corporations, and institutions. It promotes the adoption of cryptocurrency as both an investment option and an operational functional resource for companies exploring emerging industries such as Metaverse, NFTs, AI, Blockchain, and more.