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Arax Holdings ( (ARAT) ) has issued an update.
On February 12, 2025, Arax Holdings Corp. announced a significant upgrade to its Ping Exchange Software Platform, now positioned as the world’s most compliant digital asset trading platform. This update includes integration of compliance mechanisms like the AML 6 Directive and FATF Travel Rule regulations, alongside digital identity management via CorePass, setting new regulatory standards in DeFi and centralized exchange trading. Additionally, Arax is developing a Carbon Credit Exchange Platform set to launch later in 2025, aiming to facilitate seamless and compliant trading of carbon credits, thus promoting sustainability in various sectors such as logistics and e-commerce.
More about Arax Holdings
Arax Holdings Corp. is a company involved in the development of advanced digital asset trading platforms, focusing on compliance, security, and blockchain technology. It operates within the financial technology sector, offering services in decentralized and centralized financial trading, and is now expanding into carbon credit trading solutions.
YTD Price Performance: -38.33%
Average Trading Volume: 1,183
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $42.79M
Learn more about ARAT stock on TipRanks’ Stock Analysis page.