NEW YORK, Dec. 1, 2017 /PRNewswire/ -- 5W Public Relations, one of the 15 largest independently owned PR firms in the US, has been named PR Agency of Record by Bitfinex, the world's most advanced cryptocurrency exchange and the world's largest exchange by volume for trading Bitcoin against the US Dollar.

"Bitfinex is a critical operator in the rapidly growing cryptocurrency space and is led by an impressive executive team which has introduced many innovative ideas to the industry," said Ronn Torossian, CEO of 5W Public Relations. "We look forward to working with the Bitfinex team to communicate company news to all stakeholders, the media and the public."

Phil Potter, Chief Strategy Officer of Bitfinex, added, "For five years, we have been laser-focused on building the preeminent cryptocurrency exchange in the world. As such, we have not always dedicated the necessary time to communicate effectively with our stakeholders, which is why we've brought on one of the premier PR firms in the country to help us with these challenges and demonstrate for the industry and larger business community the importance of our company to the space."

Bitfinex has built a platform hallmarked by stability, scalability, and reliability, which has led to its top position in the industry. Bitfinex experienced record trading in the third quarter of 2017, a trajectory which continues having handled more than $54 billion in volume over the past 30 days alone. Bitfinex now supports the exchange of billions of dollars each day.

About Bitfinex - Founded in 2012, Bitfinex is a cryptocurrency exchange providing advanced services for digital currency traders and liquidity providers. Bitfinex is the world's most advanced cryptocurrency exchange and the world's largest exchange by volume for trading Bitcoin against the US Dollar. Bitfinex also facilitates the trading of seven other altcoins including Ethereum and Monero.

About 5W Public Relations - 5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 145 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and digital strategy, 5W brings leading businesses a resourceful, bold and results-driven approach to communications.

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SOURCE 5W Public Relations

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