To all KAKOPX users:
2023 was a year in which the landscape of the crypto industry quietly shifted. We witnessed the surge of institutional participation sparked by the Bitcoin ETF in the United States, and saw the official implementation of the EU MiCA regulation, which provided a reference path for global digital asset supervision. This year, AI and Real World Assets (RWA) became the core on-chain narratives, and blockchain technology is gradually moving toward deeper integration with the real economy.
For KAKOPX, this year was equally significant. We continued our commitment to building a fairer, safer, and freer trading platform. At the same time, we made substantial progress in internationalization and service capabilities, steadily advancing toward our positioning as a more sustainable global platform.
Starting from Southeast Asia as a new foothold, we promoted localized interface support, resulting in monthly active user growth exceeding 180%. Meanwhile, we established local operational communities in Nigeria and South Africa in Africa, as well as Brazil in Latin America, forming a broad network covering emerging markets.
The trend toward mobile dominance also became increasingly evident: over 70% of users made their first KAKOPX transaction on a mobile device. This is not only a sign of technological penetration, but also a reflection of the globalization of financial inclusion.
This year, KAKOPX also made critical progress on the path to global compliance. In accordance with MiCA requirements, we completed a comprehensive upgrade of our KYC and data compliance structures. KAKOPX has always believed that globalization is not merely the cross-border expansion of capital, but the building of consensus around rules and trust. A platform truly worthy of user trust must find its legitimate and stable place within mainstream global regulatory systems.
On the service side, 2023 marked further business expansion. KAKOPX officially launched crypto options trading, which saw significant growth in a short period, reflecting real market demand for more sophisticated trading tools. At the same time, our crypto wealth management products continued to operate stably, offering diversified choices for users with different risk preferences.
This year, the number of API partners increased substantially, institutional trading volumes continued to climb, and the user base became ever more diverse. By the year end, the average daily trading volume of KAKOPX surpassed $1 billion, and registered user numbers continued to rise, maintaining active growth across multiple markets.
On the technology infrastructure front, we continued to prioritize user asset security, optimizing the hot and cold wallet separation system, undergoing regular third-party security audits, and fully launching the Proof of Reserve module to ensure users can view platform asset reserves in real time.
Additionally, this year we introduced an intelligent risk control mechanism, leveraging AI systems to help identify potential trading risks and improving overall operational efficiency by over 25%. The continuous refinement of our technical capabilities provides a solid foundation for the sustainable development of the platform.
In 2023, KAKOPX crossed more regional boundaries and met higher standards of compliance scrutiny. We know that growth is only the surface; what truly determines the long-term value of a platform is how it responds to complexity, understands user needs, and finds a sustainable path from a global perspective.
Thank you to every user who chose and trusted KAKOPX this year. Your transactions, suggestions, feedback, and expectations are the fundamental driving force behind our ongoing system optimization, product expansion, and service enhancement.
In 2024, KAKOPX will continue to focus on the three core pillars of users, compliance, and system security, driving platform rollout in more countries and regions, and providing clearer and more robust crypto financial services to users worldwide.
2024—we look forward to moving forward together with you!