Belfrics International Signs a Partnership MOU with TP Global to Offer Crypto Derivatives and Blockchain Solutions

• Belfrics Group is a global blockchain technology firm, licensed and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, operating cryptocurrency exchanges on its proprietary blockchain platform
• TP Global ltd is a Mauritius regulated award-winning, new-age brokerage firm

AVENTURA, Fla., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the “Company”) today reported its Belfrics International subsidiary has signed a partnership MOU with TP Global Limited (www.tpgloballtd.com), a Mauritius regulated award-winning, new-age brokerage firm, to offer crypto derivatives and blockchain solutions. Founded in 2014, TP Global FX Limited has its roots in the middle East and African region and has recently entered the South American and South East Asian markets. TP Global FX expects to onboard 120,000 clients for the year 2023 and expects to touch a monthly trading volume of $1 billion in crypto derivatives by end of 2023.

"At TP Global FX we have always strived to innovate our services, keeping the demands of our customer at the center stage,” said Nitish Sharma, Global CEO, TP Global FX. Mr. Sharma continued, “With the growing demands of the Crypto derivatives industry, our users needed our services more than ever. After carefully evaluating our options, we decided partnering with Belfrics offered the best solution.”

TP Global FX has offices in Europe, Africa, Mauritius, Nigeria, Armenia, Vanuatu and Dubai. The company’s mission is to become an industry leader by offering the best trading conditions to investors and traders using its state-of-the-art AI/ML based trading experience. The mission of TP Global FX is to help its clients earn from their investments by providing educational and mentoring services, as well as by taking advantage of their strategic partner services like Signal Services, Copy Trading, and Crypto Contracts Trading. TP Global FX's innovative approach has led them to win several awards at the Forex Expo Dubai 2021, under the categories, “Best IB/Affiliate Program”, “Most Transparent FX Broker” and “Best FX Educational Broker."

Natish Sharma added, “We believe trading in Crypto Derivatives will see massive growth as cryptocurrencies gain popularity all over the world. We had planned to enter the ecosystem of cryptocurrencies and have found an able partner in Belfrics who will not only support us in crypto liquidity, but also with blockchain solutions to expand our services to new domains.”