Blum Trading App Expands Innovations and Community in Turkey

Blum Trading App Strengthens Presence in Turkey
Blum, a pioneering trading platform that seamlessly integrates decentralized (DEX) and centralized (CEX) exchanges, recently held an event called IstanBlum aimed at enhancing collaboration and innovation in the Turkish market. With a user base that spans 91 million globally, Blum is making significant strides in expanding its operations in Turkey.
IstanBlum Event Highlights
Co-hosted with a key partner, the event drew over 400 attendees, showcasing the enthusiastic engagement from the local crypto community. Blum's commitment to the Turkish market is evident, emphasizing the building of robust local relationships and fostering collaboration with creators and projects within the memecoin space.
Commitment to Local Collaboration
Vlad Smerkis, the co-founder and CMO of Blum, shared his insights on the company's strategy; "Turkey is not merely a market for us; it's a significant focal point for our growth strategy. We aim to hire local talent and localize our application in ways that resonate deeply with Turkish users. This includes not just adding language options but launching strategic campaigns tailored for the local audience."
This approach represents Blum's second high-profile event in Istanbul, following a successful gathering the previous year. With the dynamic nature of the Turkish market, Blum is keen on delivering a personalized and intuitive on-chain trading experience catered to local needs.
Recent Achievements Highlighted
During the IstanBlum event, Blum highlighted its recent innovations, including a multi-chain Trading Bot which currently leads on the TON blockchain. This bot allows for deposits and trades of Solana-based tokens, thereby expanding the range of trading options available to users. The introduction of an AI-powered Memepad and perpetual futures trading capabilities further exemplifies Blum's commitment to evolving its ecosystem.
Community Focused Initiatives
Eser Karlik, Senior Marketing Manager MENA, pointed out the uniqueness of IstanBlum. "Unlike typical events in the crypto sphere that cater only to influencers, this event was centered on the community. The participation of genuine crypto enthusiasts amplified the event's value, and we believe in the importance of sharing accurate blockchain information among community members."
This strong emphasis on community engagement is crucial as Blum forges ahead in reshaping the decentralized finance landscape. The company recently achieved $5 million in funding, primarily from Gumi Cryptos Capital and supported by notable investors like YZi Labs and OKX Ventures. This financial backing is aimed at accelerating the development of cutting-edge trading solutions for its user base.
The Future of Blum in Turkey
As Blum extends its thanks to its partners and the Turkish community, it is poised to continue driving blockchain innovation and reshaping the financial landscape in Turkey. By focusing on collaboration and community needs, Blum is setting the stage for a transformative evolution within the crypto trading segment.
Frequently Asked Questions
What is the purpose of the IstanBlum event?
The event was designed to foster collaboration and innovation within the crypto market, emphasizing community involvement.
How does Blum engage with the Turkish community?
Blum is building local teams and forming partnerships with Turkish creators to localize its app and services.
What recent advancements has Blum made?
Blum introduced a multi-chain Trading Bot and plans for AI-powered trading tools and perpetual futures trading capabilities.
Who are Blum's key investors?
Some of Blum's key investors include Gumi Cryptos Capital, YZi Labs, and OKX Ventures, contributing to its recent funding success.
Why is Turkey a focus for Blum?
Turkey is viewed as a dynamic market for crypto trading, with Blum committed to tailoring user experiences and services to this audience.
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