On December 20, Fastex, summing up the sporting achievements of the past year, awarded FTN to athletes, coaching, and medical staff for their contributions to Armenian sports. Fastex and the Badalyan Brothers group of companies attach great importance to the development of sports in Armenia and consistently provide support. This year, the company provided about 712,000 FTN to Armenian sports, equivalent to 673 million AMD at the exchange rate on the date the prizes were granted. By 2030, Fastex plans to provide 5 million FTN for the development of Armenian sports.

Vahagn Badalyan, Chief Executive Officer of the Badalyan Brothers group of companies, expressed his gratitude and said: "Fastex and the Badalyan Brothers group of companies value the development of sports in Armenia and consistently provide support. We feel great pride watching the victories of Armenian athletes on the international stage. Today, we are awarding 132,000 FTN to athletes, coaches, and federation representatives who won prizes at the World and European Championships, equivalent to 175 million AMD at the current exchange rate."

Republic of Armenia Deputy Minister of Education, Science, Culture, and Sports Karen Giloyan stated: "With the support of Fastex, Armenian athletes participated in several important international championships this year, including the Olympic Games held in Paris. Next year, the European Karate Championship, Division D Hockey World Championship, European Under-20 Basketball Championship, and European Under-16 Volleyball Championship are planned. With this support, our athletes won 384 medals at international tournaments this year, including 118 gold. Our weightlifters ended the year on a high note, with Varazdat Lalayan winning the world heavyweight title for the first time."

Fastex will continue to promote the development of sports in the Republic of Armenia, supporting victories on national and international stages.

About Fastex 

Fastex is the all encompassing ecosystem that redefines the Web3 experience. Fastex stands at the forefront of blockchain and AI technology, seamlessly blending vast opportunities within a unified and user-friendly environment, such as Fastex Exchange, Fastex Wallet, Fastex Card, and the e-commerce platform - ftNFT platform, with phygital spaces and YoHealth health-promoting mobile application. Fastex distinguishes itself by prioritizing regulatory compliance, ensuring a secure and reliable experience for all users in the evolving landscape of Web3.