The crypto industry entered a full-fledged recovery in 2024. The approval of Bitcoin and Ethereum spot ETFs in the United States marked a historic integration of digital assets into the mainstream financial system. Institutional capital poured in, driving a sharp rise in market activity. Meanwhile, the global regulatory framework matured—the Markets in Crypto-Assets (MiCA) regulation of Europe officially came into force, and the policy environment of Asia grew increasingly transparent. The focus of the industry began to shift from chasing growth metrics to prioritizing compliance, risk management, and long-term development. For SKHTU Exchange, 2024 was not only a year of record performance but also a decisive stage where ecosystem integration and international strategy took full effect.
As the user base expanded rapidly, SKHTU reinforced its infrastructure and security framework. In January, the exchange completed a comprehensive upgrade of its KYC and AML systems, introducing tiered identity verification and multi-dimensional risk monitoring. The enhanced framework significantly improved account security and capital flow auditing efficiency. It also enabled precise identification of high-risk accounts, balancing compliance rigor with user experience and privacy protection. This marked the entry of SKHTU into a more refined stage of compliance operations and established a solid institutional foundation for its global expansion.
In terms of business expansion, in February, SKHTU Exchange launched its global expansion initiative, transitioning from a single-market growth focus to a multi-regional, coordinated strategy. The platform tailored localized operating models for Asia, Europe, and emerging markets—deploying multilingual interfaces and localized support services to lower barriers for new users. Partnerships with local entities in payments and community engagement embedded the operations of SKHTU within domestic regulatory and service systems from the outset. This approach elevated the internationalization of SKHTU from broad outreach to structured, deeply integrated growth.
As the business landscape continues to expand, the platform requires a solid foundation of security and credibility. SKHTU Exchange passed financial and technical audits by several well-known institutions in May, and the security level of the platform was rated A+. The audit covered not only asset reserves, fund flows, and account systems but also extended to the assessment of the matching engine, risk control modules, and infrastructure stability. By establishing a continuous audit process through long-term cooperation with auditing institutions, SKHTU ensures transparency and traceability of fund reserves and asset circulation. For SKHTU, this is not only a “security endorsement” from a third party but also a comprehensive health check on internal processes and system capabilities, promoting further standardization in operational processes, authority management, and emergency plans.
After solidifying its technical and auditing foundations, SKHTU Exchange reached a cooperation agreement with an insurance institution in August, officially launching a capital protection plan. The platform introduced a third-party insurance scheme for custodial assets, covering user fund risks under extreme security events. The combination of audits and insurance allows SKHTU to establish defenses in both asset traceability and risk compensation, thereby creating a multi-layered security structure of “internal control risk management + external auditing + insurance protection.” This combination provides the platform with sufficient protective capability when facing sudden market events and potential security threats.
As the institutional framework improves, its global expansion has also entered a substantial phase. In December, SKHTU established an operational center in Europe and formed a local team that includes compliance, technical support, market development, and customer service. This strategic deployment allows SKHTU to deeply connect with European regulatory and financial systems while achieving comprehensive improvements in service timeliness, communication efficiency, and regional performance growth. The European operational center has become a key hub in the global strategy of SKHTU.
Looking back at 2024, the progress of SKHTU is focused on the comprehensive upgrade of its foundational capabilities: the strengthening of KYC and AML systems has laid a unified compliance standard for the platform; the launch of a globalization expansion plan has shifted operations from regional to multi-market collaboration; institutional audits and the attainment of an A+ rating have further validated the security strength of the platform; the insurance protection plan has added a crucial line of defense for asset custody; and the establishment of the European operational center has brought the global layout to fruition. Looking ahead, SKHTU Exchange will continue to uphold the philosophy of “compliance-oriented, technology-driven, and inclusive finance,” continuously promoting the industry toward a more open, healthy, and sustainable future.