Performances
RD Popularity Index
RD Growth Index
Comparison
Fundraising
| Round | Amount | Valuation | Date | Source | Investor |
|---|---|---|---|---|---|
| Public Sale | $ 23.2M | -- | Jan 20, 2023 | -- | -- |
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| No Data | ||||
Follow Updates
Follow Lists
People
About Fastex
Fastex is a Web3 ecosystem that combines a cryptocurrency exchange, a payment gateway (Fastex Pay), an NFT marketplace (ftNFT), and a metaverse platform (FastexVerse) under one unified account system. Its native token FTN runs on the Bahamut blockchain, an EVM-compatible Layer 1 network using a delegated proof-of-stake mechanism.
The core value proposition is integration: users can trade, pay, collect NFTs, and enter virtual spaces without switching between platforms. This addresses the common pain point of fragmented crypto services, where users need multiple wallets and accounts. The ecosystem also offers physical NFT retail spaces in Dubai, bridging digital assets with real-world experiences.
In the past six months (March to September 2026), Fastex has focused on expanding its payment solutions and enhancing the ftNFT marketplace with new features. The company has also been active in community engagement through Twitter, announcing partnerships and platform upgrades. However, no major new product launches or significant technical milestones were publicly disclosed during this period.
One notable challenge in the last two years: the Bahamut blockchain faced criticism regarding its relatively low transaction throughput compared to other Layer 1 solutions. While the team has worked on optimizations, this remains an area to watch for scalability-focused users.
The co-founders of Fastex have not been explicitly disclosed. Current core executives include:
Vardan Khachatryan: Chief Legal Officer (CLO), admitted to the New York Bar, former CEO of Fast Shift Limited, and has lectured on blockchain law at the American University of Armenia.
Yeghishe Stepanyan: CEO of Fastex Exchange, also serving as CRMO at BetConstruct, formerly Head of Retail Banking at Ardshinbank.
ACCA Armen Shirinyan: Chief Financial Officer (CFO), holding ACCA qualification, formerly Deputy CFO at AraratBank and consultant at Deloitte.