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Record pace for crypto exchanges in May

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04 June 2021

Crypto exchanges registered more than US$ 2 trillion traded during the month of May, setting a new record. Both crypto-to-crypto and fiat-to-crypto exchanges have seen higher volumes traded in May, which was also the fourth month in a row where these exchanges recorded more than US$ 1 trillion in volume.

The information comes from the volume index created by The Block, a specialized US digital asset research and information service. Results are based on data generated from the largest crypto exchanges.

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“These results point to how the cryptocurrency market is maturing and how it can grow even more”, remarked Fabio Asdurian, the co-CEO and co-founder of Dynasty Global Investments AG.

The growth in trade volumes involving cryptocurrencies comes as Dynasty Global Investments AG gears towards the first public offer of its cryptocurrency, the D¥NS, expected to take place in July, initially targeting European and Asian markets.


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