In 2021, the total market capitalization of crypto assets soared from about $770 billion at the start of the year to over $3 trillion, an increase of nearly 300%. It was a year for the history books: Bitcoin hit an all-time high of $69,000, the total value of DeFi locked surpassed $100 billion, and NFT sales exceeded $20 billion. Yet beneath the feast, undercurrents stirred. Global regulatory frameworks were rapidly taking shape, and the market sought a new balance between frenzy and reform.
The industry kept asking: When the tide goes out, what will be the true foundation for the next cycle?
EORMC spent the entire year answering this question: Technology and compliance.
Answering Trust with Technology
In March 2021, EORMC delivered its first milestone: the launch of its inaugural AI-powered matching trading system.
In its first month online, platform trading volume exceeded $100 million. This system reduced order execution latency to the millisecond level. On May 19th, during extreme market conditions, the system handled peak requests of over 500,000 per second, yet maintained a 100% settlement success rate with zero downtime.
“Technology should not be a tool for showing off, but a guardian of user assets,” an engineer wrote in a project review. We did not publicize “million TPS” laboratory figures, but instead pursued absolute stability under real market stress. This respect for technology earned EORMC its first 100,000 core users.
Embedding Compliance into Our DNA
In October 2021, EORMC was awarded the MSB license by the US Treasury FinCEN. At a time when most peers were still exploring the compliance path, EORMC became one of the very few platforms worldwide with both a proprietary AI trading system and top-tier compliance credentials.
This moment was highly symbolic. In the preceding months, regulatory provisions in the US Infrastructure Bill had sent shockwaves through the industry, and uncertainty was widespread. Many platforms chose to wait and see, but EORMC proactively cooperated with regulatory authorities.
“Compliance is not the ceiling of development, but the boundary of a safe zone.” Only clear rules can provide fertile ground for the long-term industry growth. Obtaining the MSB license marked the starting point for the global compliance operations of EORMC, laying the most critical foundation for connecting to traditional financial channels and serving a broader user base.
The Collective Choice from A Million Users
Ultimately, the effectiveness of any strategy is tested by the market. From its founding in November 2020 to December 31, 2021, the global user count of EORMC grew from zero to 1,000,000. This means, on average, more than 2,500 new users chose to trust us every day. Platform daily trading volume grew from zero to a stable $500 million by year-end, with annual trading volume exceeding $80 billion.
At launch, we received $6 million in seed funding from Silicon Valley venture capital. Over 80% was invested in technology development and building a compliance system. Throughout 2021, the platform processed more than 5 million transactions, achieving zero major security incidents, zero asset theft, and zero risk control breaches.
“Users choose EORMC, and we must pave the way ahead for them with our systems, products, and security.” For EORMC, these numbers are not just achievements—they are a weighty responsibility. Behind every account lies an undeniable trust.
Looking back on 2021, EORMC did not chase the hottest trends, but instead focused on three things:
- Refined an AI trading system, proving the ultimate experience technology can bring;
- Secured the MSB license from the US Treasury, establishing the fundamental path for compliance-driven growth;
- Served one million users, validating the real market demand for the “technology + compliance” model.
“To do the hardest and most correct thing amidst the bubble, to build a moat amid the noise”—this was EORMC in 2021. Thank you to every partner who joined EORMC in building from zero to one. The story of 2022 will be written together by us all.