We’re excited to report @LCX’s Terminal most successful quarter ever, which set new records in both active users and revenues. https://www.lcx.com/winning-in-uncertain-times-montys-company-update/

We generated revenue of 986’000 $LCX at LCX Terminal, above our growth expectations. We’ve added 8 exchanges bringing the total number of connected exchanges to 15. Our user base has now surpassed 12’500 (+25%) reaching a new all-time high for monthly active users.

This quarter we’ve introduced two new products. First, we’ve launched LCX Reference Price Services as a regulated service in accordance with Liechtenstein’s Blockchain Act. Second, we’ve launched LCX Smart Order, our automated smart order routing system for cryptocurrency trading

As a team we pay particular attention to the events surrounding the Coronavirus crisis and its impact on the blockchain industry. We analyzed how the crisis has affected our industry so far and planned steps to cope with the new market conditions & to emerge as a stronger player.

LCX AG, the legal entity behind http://LCX.com , was founded in 2018 & has a registered share capital of 1 Million CHF. Until today, we’ve invested more than 2.5 Million USD into the company @LCX

Now, preparing an equity round of several million USD to fuel LCX’s growth

$LCX is now traded at 6 exchanges (Liquid, IDEX, ExtStock, Vindax, FatBTC and Bamboo Relay) with 9 trading pairs. $LCX performance in Q1-2020 was +565%.

But particularly exciting are the opportunities for @LCX on security tokens, security token offerings #STOs & #tokenization. According to a new study, the market of tokenized asset in Europe will reach $1.5 trillion USD in 2024 and will surpass the current crypto market in 2022.

As we look back at the successful first quarter of 2020, we are already well under way on some new and exciting developments for the future. @LCX strength will always be its continuity, persistence and innovation, and this year will be no different.