ZuluTrade Eyes Expansion in 2022, Seeks More Regulatory Licenses

ZuluTrade, which was acquired by Finvasia last month, revealed on Friday that it is planning for expansion this year and adding new capabilities to its existing social trading platform.

The platform is eying to enter new markets and add different financial instruments to broaden its offering. In addition, it confirmed that it will add cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, stocks and bonds.

Furthermore, Zulu will seek regulatory licenses across various jurisdictions to strategically expand its portfolio management capabilities to potential users globally.

“Finvasia’s acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of ZuluTrade hallmarks an exciting opportunity for us to be able to make our platform an even greater experience for all our users,” said George Illias, the CEO of ZuluTrade.

“With Finvasia’s support, ZuluTrade will be able to offer better technology and access to our users while further widening our customer base around the world.”

ZuluTrade 2.0

ZuluTrade was founded in 2007 and is headquartered in Greece. It is one of the top social trading platforms and has handled over $2 trillion in trade volumes.

Now, the platform is planning to launch the so-called ZuluTrade 2.0 by enhancing social and technology features. It is aiming to provide users access to analysis, data, insights and portfolio optimization tools that are typically available only to professional traders.

Sarvjeet Singh Virk, the Co-founder & Chief Managing Director of Finvasia Group, said: “We are excited that ZuluTrade is now a Finvasia Group Company and equally motivated to introduce innovative features that will further empower the platform’s users. We have a vision for ZuluTrade and look forward to building amazing products together that can solve real-life challenges of both an average investor as well as institutional investors."