News - Fastex has allocated a further 129.4 million drams to eight federations.

Paid content On September 12 this year, at the ftNFT physical space, which serves as Armenia's blockchain embassy, Fastex held the awarding ceremony of monetary prizes to eight federations and to the winners and prize recipients of this year's European Championship in shooting. Representatives of the federations, sports enthusiasts and supporters were present at the event. Vahe Badalyan, CEO of the Badalyan Brothers group of companies, noted that for their family, sport has always been a national value. They have always supported the development of Armenian sport. Today they are providing yet another financial support amounting to 129.4 million drams. Overall, to date Fastex has provided Armenian sport with more than 1,288.4 million drams. Karen Giloyan, president of the Olympionic Sports Charity Foundation and a board member of the World Anti-Doping Agency Foundation, said in his speech that the Badalyan Brothers group has already, for the second year in a row, organized such large-scale events where not only all prize-winners, athletes, coaches and doctors are rewarded, but also the federations themselves. Thanks to the financial resources provided, federations have the opportunity to win more medals and present themselves on international platforms with due dignity, upholding Armenia's honor. Fastex, remaining faithful to its initiative, will continue to provide ongoing support for the development of Armenian sport. About Fastex Fastex is a fast-growing Web3 ecosystem that offers its users vast opportunities and a convenient environment by offering Fastex Exchange, the crypto exchange platform, Fastex Card, Yo Wallet and ftNFT on its platforms and physical spaces, as well as YoHealth, an app promoting a healthy lifestyle. Fastex emphasizes providing a safe and reliable environment in the developing world of global digital finance, always following industry trends.