The platform addresses critical industry challenges through a comprehensive security framework that stores 98% of user assets in geographically distributed cold storage with mandatory multi-signature protocols. "Security remains the paramount concern as the industry matures," said Maria Garcia, Head of Compliance & Legal at Niufo. "Our defense-in-depth approach combines institutional-grade cold storage with real-time threat monitoring to protect user assets."
Niufo's proprietary matching engine targets millisecond-level order execution with processing capacity exceeding 1 million transactions per second, designed to maintain stability during high-volatility periods. The platform operates on a cloud-native microservices architecture targeting greater than 99.9% uptime across multiple availability zones.
The exchange operates as a registered Money Services Business with FinCEN, authorizing operations across all US states and territories. The company has implemented comprehensive Anti-Money Laundering and Know Your Customer procedures aligned with international standards, including preparations for European Union's Markets in Crypto-Assets regulation.
The platform supports major cryptocurrencies including Bitcoin and Ethereum, alongside leading stablecoins through integrated fiat gateways supporting USD wire transfers and EUR SEPA transactions. Mobile applications for iOS and Android provide full trading functionality with biometric authentication.
The company targets the European market specifically, with MiCA-compliant systems, multi-language support, and competitive fee structures designed to enhance user engagement through volume-based discounts and loyalty programs.
The launch comes as global cryptocurrency trading volume reached $44.76 trillion in 2024, with Europe representing 49.2 million users according to market research. Security incidents cost the industry $2.2 billion across 303 events in 2024, highlighting the need for enhanced protection measures.
Founded by financial technology veterans with experience at institutions including Fidelity National Information Services, Two Sigma, and JPMorgan Chase, Niufo operates from its Denver headquarters.
Media Contact:
Maria Garcia Head of Compliance & Legal Niufo Crypto Group Ltd.
Email: maria.garcia@niufo.com
Website: https://www.niufo.com/
Photos: (Click photo to enlarge)
Source: Niufo
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