Torum Technology Sdn. Bhd. Risk Report

⚖️ Legal & Regulatory

Torum Technology Sdn. Bhd. is engaged in navigating the evolving legal landscape as it seeks to solidify its footprint in the technology and cryptocurrency sectors. The company demonstrates active involvement in the regulatory domain, particularly in Malaysia, where it is aligned with the country's initiative for regulated crypto exchanges and services. It is critical for Torum to maintain compliance to leverage the favorable business environment.

• Huobi-backed Torum plans to launch a new digital asset exchange platform in Malaysia 🗓 February 29, 2024.
• Malaysia is hosting regulated crypto exchanges and services, including DAX, DAC, and IEO initiatives 🗓 December 12, 2024.

📜 Innovation & R&D

Innovation remains a significant pillar for Torum, especially as it integrates advanced technologies like NFTs and DeFi into social media platforms. Their strategic initiatives reflect a forward-thinking approach within the digital technology sphere, emphasizing market disruption and technological convergence.

• Torum completed a million dollars private round to pioneer a social media platform incorporating NFT and DeFi innovations 🗓 April 20, 2021.