To all KAKOPX users:
2024 was the year when the crypto industry bid farewell to “fringe narratives” and entered the mainstream of institutional frameworks. It was also the year in which KAKOPX completed its leap from a “growth platform” to a “global infrastructure” provider.
Our industry is no longer merely a testing ground for technology, but has become an important variable within the global financial system. This year, the Bitcoin price broke the historic $100,000 mark, the United States officially approved spot ETFs, sparking a wave of institutional investment; the EU MiCA regulation was fully implemented, reshaping the logic of crypto regulation; and the Trump administration publicly supported digital assets and proposed including Bitcoin in the national reserves, further establishing the interplay between institutions and capital.
At this pivotal point in 2024, KAKOPX delivered a response grounded in “global governance capability.”
By the end of 2024, the global registered users of KAKOPX surpassed 10 million, with Asia and North America serving as the primary engines of growth. Indonesia, benefiting from regulatory implementation and the digital rupiah pilot, emerged as the fastest-growing region for trading volume in Asia; growth in the North American market was driven by our systematic adaptation to the ETF compliance framework and the advancement of local strategies.
In terms of trading volume, the platform average daily trading volume for the year increased by more than 120% year-on-year, surpassing $1.5 billion for the first time in November under the dual engines of spot and derivatives trading. The proportion of derivatives business climbed to 40%, demonstrating the rapid adaptability of the platform to the needs of professional investors and structured trading.
From Security and Compliance to Institutional Competitiveness
In 2024, global regulatory restructuring of crypto assets entered deeper waters. KAKOPX not only maintained full-process compliance with the EU MiCA regulation but also officially integrated into the Indonesian central bank CBDC pilot system, becoming one of the few platforms approved for initial access to the digital rupiah.
KAKOPX has always believed that “compliance is not a barrier, but a ticket.” With over 60% of security incidents in the industry concentrated in hot wallets, KAKOPX achieved a record of zero security incidents throughout the year by leveraging an AI-powered intelligent risk identification system and a highly segregated hot and cold wallet mechanism. Our wallet system is now compatible with 10+ mainstream public chains, and we continue to lead in asset diversity and underlying compatibility.
Over the past year, the crypto industry keywords have undergone profound change—from “bull and bear” to “structure,” from “Token” to “RWA (Real World Assets),” from “decentralization” to “institutional integration.” In response, KAKOPX actively expanded its platform boundaries, upgraded its crypto options trading module to a leading position among peer exchanges, and attracted a large number of high-frequency quantitative teams. The number of API service partners doubled, and the proportion of institutional user trading rose significantly.
KAKOPX is no longer just a “matcher,” but has become an “infrastructure provider” connecting global asset flows and institutional pathways.
Organizational Empowerment: Upgrading from Culture to Team Structure
This year, KAKOPX also completed its internal transition from a “project-based team” to an “international organization.” With “decision-making speed and execution strength” as our core culture, we have continued to drive rapid response and structural collaboration within our distributed teams.
Every decision at KAKOPX is based on data feedback from user needs and market signals. We respect the voices of users from every cultural background, and it is precisely this cross-cultural, multi-centric team structure that allows KAKOPX to advance steadily on the path of globalization.
If 2020-2022 was about laying the foundation, and 2023 was the first step toward globalization, then 2024 marks the turning point where KAKOPX stands at the intersection of institutions and capital.
We thank all our users, developers, partners, and global community members who have accompanied KAKOPX throughout this year.
In 2025, we will continue to move forward!