Since its establishment in 2015 and headquartered in Singapore, WPAKE INC is a comprehensive financial company with an excellent reputation in the fields of financial brokerage and asset management. With a strong foundation and broad influence in the foreign exchange market, it enjoys a high status in the global financial community. WPAKE INC has branches in international financial centers such as Tokyo, Singapore, Hong Kong, Canada, and Sydney, covering major global financial markets. The management team has over 10 years of experience in global financial market operations, and with precise market insight and exceptional strategic vision, WPAKE INC has served over 2,500,000 clients, becoming one of the leading financial service providers worldwide.
To meet the growing demand for digital asset trading, WPAKE INC has decided to expand into the cryptocurrency market based on its successful operations. In 2022, the company invested $50 million to establish Wpake Exchange and successfully obtained a U.S. MSB license. Wpake Exchange officially commenced operations in the second quarter of 2024, with the addition of Flávio Azevedo providing significant momentum for this strategic decision. He possesses deep expertise and extensive practical experience in the fields of finance and cryptocurrency. After earning a bachelor’s degree in economics from the University of São Paulo in Brazil, he pursued further studies at Cornell University in the U.S., obtaining a CFA certification and completing a master’s and doctorate in finance in 2003. His academic background and rich experience lay a solid foundation for the success of Wpake Exchange, offering valuable guidance and support for the company’s strategic positioning in the global cryptocurrency market.
Wpake Exchange, a wholly-owned subsidiary of WPAKE INC, aims to become a leading global cryptocurrency trading platform. The platform leverages the parent company’s successful experience and technological expertise in the financial market, focusing on innovation and user experience. We offer diverse digital asset trading services to global users, including mainstream cryptocurrencies and emerging digital assets, to meet the needs of different investors.
In terms of security, Wpake Exchange utilizes a world-class technological architecture. The majority of user assets are stored in cold wallets and multi-signature wallets, with off-site backups to mitigate risks. Additionally, Wpake Exchange strictly enforces KYC and AML procedures to ensure compliance with user identities and transactions. The platform features a clean, intuitive trading interface and advanced trading tools, aiming to provide users with an efficient and convenient trading experience.
Wpake Exchange’s services encompass spot trading, fiat trading, contracts, and options. The platform has developed an efficient matching system capable of processing millions of transactions per second, ensuring operational efficiency and stability. Furthermore, Wpake Exchange offers C2C trading services and provides customized listing solutions for project teams, helping them integrate swiftly into the market.
Committed to addressing the pain points of existing trading platforms, Wpake Exchange presents innovative solutions. The platform uses smart contract-based matching to reduce trust costs associated with exchanges and ensures transparency through decentralized on-chain clearing and settlement. It also supports multi-asset interoperability, connecting mainstream digital token networks for easy asset conversion, and offers low-cost access for emerging tokens.
As a key strategic project under WPAKE INC, Wpake Exchange aims to lead the future of global cryptocurrency trading, drawing on its parent company’s extensive experience and technological foundation in the foreign exchange market. We are dedicated to providing the highest quality digital asset trading services to global users, promoting the widespread application and development of blockchain technology. We will continue to pursue excellence, becoming a leader in the global digital asset market and a trusted partner for investors.