NFTFN Announces Launch of Perpetual Trading Platform for Bitcoin Ordinals and Inscriptions

NFTFN Announces Launch of Perpetual Trading Platform for Bitcoin Ordinals and Inscriptions

UAE, January 18, 2023 — NFTFN, a trailblazer in Web3 infrastructure for Blue-Chip NFTs, is set to unveil the first perpetual trading platform dedicated to Bitcoin Ordinals and Inscriptions. This initiative is poised to introduce new trading opportunities in the digital asset space and contribute to the growth of the Web3 ecosystem.

The introduction of the NFTFN Ordinals Perp platform represents a pivotal moment in the digital asset landscape. It provides traders, collectors, and enthusiasts with unprecedented access to the fast-growing market of Ordinals and Inscriptions. This launch is a testament to NFTFN’s commitment to innovation and leadership in the Web3 domain.

Bitcoin Ordinals and Inscriptions have rapidly gained prominence in the digital asset arena, offering a new level of permanence and authenticity by embedding unique digital artifacts directly onto the Bitcoin blockchain. This breakthrough has garnered significant attention, leading to increased transaction volumes and user engagement.

With the NFTFN Ordinals Perp platform, users will have the ability to take long or short positions on baskets of Ordinals, hold positions for flexible durations, and benefit from the security and transparency afforded by the Bitcoin blockchain.

NFTFN’s track record in disrupting the NFT Perpetual Market, particularly with their successful SuperNova (SNV) platform, underscores their capability to pioneer emerging markets. As a leader in the Web3 space, NFTFN continues to explore and unlock new opportunities, fostering a community-driven approach to platform development.

The upcoming launch of the NFTFN Ordinals Perp platform is more than a technological feat; it serves as a gateway to a future where digital assets are seamlessly integrated. This development is set to offer unparalleled growth and value creation opportunities for traders and the broader Web3 community.

Abhishek Kumar Gupta, Co-founder of NFTFN, shares his insights on the potential of this new asset class. “The emergence of Ordinals marked a turning point, and at NFTFN, we quickly recognized their transformative potential. We anticipate the Ordinals market to experience a surge, potentially reaching $4.5 billion. NFTFN is strategically positioned to capitalize on this growth,” he states.

Abhishek also hints at future expansions beyond Ordinals Perps, stating, “We are gearing up to launch RWA Perp and Crypto Perp, further establishing NFTFN as the premier platform for trading a wide range of assets.”

About NFTFN:

NFTFN is at the forefront of perpetual trading platforms, aiming to create a comprehensive trading hub named “Trade Everything Perps.” Their mission revolves around developing a universal perpetual trading platform that transcends conventional market boundaries, encompassing a variety of asset classes such as NFTs, Cryptocurrencies, Ordinals, RWAs, and more.