Fastex

Cryptocurrency & Web3 Ecosystemfastex.com

The website was unavailable at collection time and no additional API or AI surface is documented. The ecosystem architecture, with Fasttoken acting as the connective layer across products, suggests a platform strategy in which each new vertical (exchange, gaming, payments, metaverse) is intended to reinforce token utility.

Company typePrivate
Founded2022
HeadquartersYerevan, Armenia
Headcount11–50
GTM typeB2C
OfferingSoftware

What Fastex does

Fastex is a Web3-driven solutions ecosystem founded in 2022 and headquartered in Yerevan, Armenia. The company is incubated by SoftConstruct, which serves as its parent operating entity. Fastex's platform centers on Fasttoken (FTN), a native utility token, and encompasses the Fastex Exchange, a cryptocurrency exchange product within the ecosystem. The stated product surface extends beyond exchange and token into gaming, payments, and metaverse applications, positioning Fastex as a multi-vertical Web3 platform rather than a single-product company.

Fastex firmographics

Firmographics

Name: Fastex
Website: https://fastex.com
Company type: Private
Founded year: 2022
Operating status: Operating
Headcount range: 11–50 employees
Short description: The website was unavailable at collection time and no additional API or AI surface is documented. The ecosystem architecture, with Fasttoken acting as the connective layer across products, suggests a platform strategy in which each new vertical (exchange, gaming, payments, metaverse) is intended to reinforce token utility.
Ownership category
akta.pro rank

Fastex industry classification

Industry

Product category: Cryptocurrency & Web3 Ecosystem
NAICS: Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
SIC: Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro primary industry: On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
akta.pro secondary industries: On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

Keywords

Web3 ecosystem
Cryptocurrency exchange
Blockchain gaming
Metaverse platform
Crypto payments

Where Fastex is headquartered

Location

Headquarters

HQ city: Yerevan
HQ country: Armenia
HQ region: Asia

Markets served

Fastex business model

Business model

GTM type: B2C
Offering type: Software
Cost components: Technology or R&D, Personnel, Operations, Infrastructure

Revenue model

Fasttoken: Fasttoken is the central token of the Fastex web3 ecosystem, supporting a range of web3 applications including gaming, payments, and a metaverse. Revenue is generated through token sale and likely token utility within the ecosystem.

Fastex product offering

Product offering

Core offering

Fastex operates a Web3-driven solutions ecosystem centered on Fasttoken (FTN) as its utility token, encompassing the Fastex Exchange for cryptocurrency trading and supporting infrastructure for Web3 applications including gaming, payments, and metaverse experiences. The ecosystem provides an integrated platform where users access multiple decentralized services through a single token-based environment.

Product overview

Fastex is a web3 ecosystem incubated by SoftConstruct that operates as a multi-product platform centered around Fasttoken (FTN). The ecosystem includes the Fastex Exchange for cryptocurrency trading and supports web3 applications in gaming, payments, and metaverse experiences. Fasttoken serves as the central utility token across all ecosystem applications.

Differentiator

Problem solved

Functional benefit

Products and services

Fastex Web3 Ecosystem Integrated Web3 ecosystem platform encompassing Fasttoken, the Fastex Exchange, and supporting infrastructure for gaming, payments, and metaverse applications, targeting individual web3 and blockchain users.
Fasttoken (FTN) Native utility token of the Fastex ecosystem serving as the central payment and utility medium across gaming, payments, metaverse, and exchange services for individual web3 users.
Fastex Exchange Cryptocurrency exchange platform within the Fastex ecosystem that enables crypto trading for individual web3 users, with customer support provided via Hoory chat.

Companies that use Fastex

Customer profile

Segments1 record

Ideal customer profiles1 record

Fastex technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Fastex partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

SoftConstructcoreStrategic or Co-development PartnerSoftConstruct incubated the Fastex web3 ecosystem. Fasttoken, the central token of Fastex, is part of this ecosystem. SoftConstruct serves as the parent/incubator company for the Fastex web3 initiative.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Fastex competitors and assessment

Company assessment

Direct peers

Cronos (Crypto.com): Cronos is a Layer-1 blockchain run by Crypto.com with its own exchange, utility token (CRO), and a gaming/payments/metaverse product suite — directly comparable as an integrated Web3 ecosystem built around a single utility token.
Klaytn (Kakao / Ground X): Klaytn is a corporate-backed Layer-1 with a native utility token serving gaming, payments, and metaverse use cases — closely comparable as a parent-incubated Web3 ecosystem with multi-vertical ambition.
WAX (Worldwide Asset eXchange): WAX is a Layer-1 specifically designed for NFTs, gaming, and virtual goods with a utility token — directly comparable as a gaming-focused Web3 ecosystem with integrated exchange functionality.

Broad incumbents

BNB Chain (Binance): BNB Chain is the largest exchange-linked Web3 ecosystem with a native utility token (BNB), payments rails, and a thriving GameFi/metaverse ecosystem — Fastex's most relevant broad incumbent competitor.
Polygon Labs: Polygon is a leading Web3 infrastructure provider with payments, gaming, and metaverse initiatives (Polygon PoS, Polygon Studios) — comparable as a broad multi-vertical Web3 platform with token utility.
OKX (OKTC / OKB): OKX runs an integrated exchange and Web3 ecosystem (OKTC chain) with utility token (OKB), gaming partnerships, and metaverse initiatives — comparable as an exchange-linked multi-vertical Web3 ecosystem.

Emerging players

Enjin: Enjin is a Web3 gaming platform with NFT tooling and its own token (ENJ), serving game developers with on-chain assets — comparable for the gaming/in-game-asset vertical.
Decentraland: Decentraland is a metaverse platform with its own utility token (MANA) for virtual world commerce — closely comparable to Fastex's metaverse vertical and token utility model.
The Sandbox: The Sandbox is a leading metaverse gaming platform with its own utility token (SAND) — directly comparable as a Web3 gaming/metaverse ecosystem with token-based economics.
Immutable: Immutable is a Web3 gaming infrastructure provider with its own token (IMX), focused on blockchain gaming — directly comparable for the gaming vertical of Fastex's ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Fastex financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Fastex leadership team

Management profile

Number of profiles

Profiles1 record

Fastex funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Fastex M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fastex

What does Fastex do?

Is Fastex a public or private company?

Fastex is a private company. It is classified as corporate owned and is currently operating.

When was Fastex founded?

Fastex was founded in 2022. It employs 11 to 50 people.

Where is Fastex based?

Fastex is headquartered in Yerevan, Armenia, in the Asia region.

How does Fastex make money?

One revenue line is on record: fasttoken.

Who are Fastex's main competitors?

Direct peers on record are Cronos (Crypto.com), Klaytn (Kakao / Ground X) and WAX (Worldwide Asset eXchange). Broad incumbents are BNB Chain (Binance), Polygon Labs and OKX (OKTC / OKB). Emerging players are Enjin, Decentraland, The Sandbox and Immutable.

Does Fastex have an API?

No public API is recorded for Fastex.

What industry is Fastex in?

Fastex's product category is Cryptocurrency & Web3 Ecosystem. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSAPAGAB, On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins). Its NAICS code is 52321 and its SIC code is 6200.