Equinix and its Vietnamese partner, telco provider FPT, are supporting Vietnamese companies to expand into overseas markets.
This strategic partnership has supported blockchain-enabled cryptocurrency trading platform provider MTX to achieve its global expansion goals, as they take their first step into Singapore in the Southeast Asia market.
As companies move towards a multi-cloud, multi-technology and multi-collaboration oriented digital future, Platform Equinix continues to emerge as an essential interconnection gateway for buyers and service providers. With this platform, FPT has been able to build end-to-end Fully Managed Services including infrastructure, network, security, application, data, resiliency, scalability, migration, optimisation and more.
This combined offering of FPT’s connectivity and Platform Equinix provides local businesses, including MTX, with the regional and direct connectivity that they need to take their business abroad.
By collaborating with Equinix and FPT, MTX is able to expand their business in Southeast Asia with its first expansion in Singapore. It also benefits from the high-speed and low-latency connectivity necessary for high-quality financial services, such as smooth and fast transactions of cryptocurrency, as well as instant order settlement on its platform.
Through the combined solution from FPT and Equinix, MTX will be able to achieve High Frequency Trading (HFT) with a five-times increase in cryptocurrency transactions per second, from 1 million to 5 million transactions per second.
“With this entry into Singapore, we are hoping that this will pave the way for our expansion plans into Southeast Asia,” said Lê Phương Nguyên, COO of MTX.
Pham Duy Phuc, CEO of FPT Telecom International, said that over the years, they have seen customers demanding for a more comprehensive solution that helps them resolve and improve multiple issues — equipment, configuration and colocation needs.
“Equinix’s global interconnection presence and reputation as the leading data centre provider worldwide enable us to address these changing customer needs by providing connectivity solutions on a regional and global scale,” the CEO said. “We’re glad to deepen this strong partnership with Equinix to enable and support the expansion of Vietnamese companies into overseas markets.”