After nearly two years of downturn, the crypto market entered a recovery phase in 2023. Bitcoin led the rebound, while the Ethereum ecosystem regained momentum. Layer2 networks and AI-related sectors drew capital inflows, turning the market from sideways consolidation to steady recovery. Bitcoin broke through the USD 30,000 mark, major tokens rebounded, and market confidence strengthened. Meanwhile, the global regulatory landscape became clearer: The MiCA framework of Europe moved into implementation, while the U.S. balanced between enforcement and rule-making, signaling a gradual shift toward regulatory maturity. For SKHTU Exchange, 2023 marked a pivotal stage of higher-level expansion. The platform advanced its global presence and systemic development in tandem, evolving from a core trading venue into a multi-dimensional ecosystem. Through technological capability and institutionalized governance, SKHTU further reinforced its edge in the international market.
At the start of the year, SKHTU launched its mobile application, completing a key step in multi-terminal integration. The mobile rollout enhanced user experience and service accessibility, ushering the exchange into an omni-channel operating era. This improvement significantly boosted user engagement and laid the groundwork for the future international expansion of SKHTU .
Alongside product development, SKHTU strengthened its risk control and security framework. In May, the platform introduced an intelligent risk management system powered by real-time data analysis and advanced algorithmic models, enabling immediate detection and intervention in cases of abnormal trading, market manipulation, or security risks. The system transformed the risk management of SKHTU from reactive response to proactive defense, significantly enhancing platform stability and asset safety.
As trading depth and liquidity expanded, SKHTU Exchange extended its business frontiers in 2023 with the launch of its LaunchPad feature—providing a transparent and equitable channel for quality projects to access capital markets. SKHTU LaunchPad built a bridge of trust between emerging project teams and investors, ensuring early participation in quality assets under a secure and efficient framework. Projects were subject to rigorous due diligence to ensure alignment with sustainability and high-growth standards. The LaunchPad not only enriched the ecosystem of SKHTU while amplifying its industry influence.
Amidst these advances, user growth stood out as one of the most tangible achievements of 2023. With a maturing product matrix and strong reputation, the user base of SKHTU Exchange surpassed 5 million in the third quarter, with a marked rise in activity levels. The user composition also diversified, expanding beyond professional traders to include institutional and retail investors. The sustained growth of SKHTU underscored one fact: after multiple market cycles, stability and security remain the strongest competitive edge of the platform.
On the compliance front, SKHTU deepened its global regulatory footprint. The platform closely followed the MiCA rollout of Europe and Asia-Pacific regulatory updates, while partnering with local financial institutions, auditors, and legal advisors to strengthen multi-jurisdictional compliance filings. Through systematic internal review and transparent disclosure practices, SKHTU established a solid reputation across major markets.
At the International Blockchain Summit in December, SKHTU was recognized as the “Most Valuable Exchange of the Year.” The accolade reflected more than operational performance—it acknowledged the expanding brand influence, sustained technological leadership, and growth momentum of the platform across user, ecosystem, and global dimensions. With a clear strategic trajectory, SKHTU remained firmly positioned for long-term development amid intense market competition.
Looking back, the progress of SKHTU Exchange in 2023 transcended metrics alone. From localized offerings to global-scale systems, from a single-service structure to integrated multi-line operations, each stage of expansion redefined the boundaries of the platform. SKHTU found stability amid volatility and innovation amid transformation. Standing at a new juncture, SKHTU will continue refining its global service framework and deepening industry partnerships, laying an even stronger foundation for the next phase of digital finance.