Fastex LATAM is the Latin American division of Fastex, a Web3 ecosystem founded in 2022 and headquartered in Vilnius, Lithuania. The division targets the rapidly growing iGaming and gambling market in Latin America, leveraging the parent company's cryptocurrency exchange, white‑label solutions, and regulatory expertise. Led by CEO Fabio Tiberia, a seasoned iGaming executive with over 20 years of experience, Fastex LATAM aims to offer compliant, blockchain‑based gaming and payment services across Central and South America. The division has made initial inroads at major industry events such as SiGMA Americas, where its CEO presented on innovation in iGaming. Fastex as a whole is a privately held, unfunded entity that has prioritized a compliance‑first approach in its global expansion. While specific products for the LATAM division have not been formally announced, the company is expected to provide white‑label casino and sportsbook platforms, crypto payment rails, and liquidity aggregation. The exact headcount and founding date of the LATAM division have not been publicly disclosed.
Detailed Review
History & Background
Fastex was founded in 2022 in Vilnius, Lithuania, as a cryptocurrency exchange and Web3 ecosystem. The global CEO is Vakhtang Abrahamyan. The company has emphasized a compliance‑first approach, differentiating itself from many crypto‑only platforms by actively seeking regulatory approval in multiple jurisdictions. In 2025, Fastex announced its expansion into the United States, signaling ambition beyond Europe and Asia. The LATAM division was established as a separate operational unit to focus on the regional iGaming market. The specifics of its founding date and legal structure are not publicly available.
Products & Platforms
The parent company’s flagship product is the Fastex exchange (`exchange.fastex.com`), a platform for buying, selling, and trading cryptocurrencies. The broader Fastex ecosystem also includes a web3 wallet and tokenization services. For the LATAM region, the division is expected to offer tailored iGaming solutions – potentially white‑label casino and sportsbook platforms, crypto payment gateways, and liquidity aggregation – but no official product list has been released. The company’s brand identity is unified under the Fastex name.
Market Position & Strategy
Fastex LATAM enters a competitive landscape where crypto‑powered betting platforms are gaining significant traction in Latin America. The division leverages the parent company’s exchange infrastructure and regulatory expertise to offer compliant solutions. The company has made initial inroads at industry events such as BiS SiGMA Americas, where CEO Fabio Tiberia presented on innovation in iGaming. Fastex as a whole is privately held and unfunded, relying on a compliance‑first approach and what its CEO calls “non‑standard thinking” to differentiate itself.
Leadership
The only confirmed executive for Fastex LATAM is Fabio Tiberia, Chief Executive Officer. He has over 20 years of experience in the iGaming industry, previously holding senior roles at various operators and suppliers. No other C‑level executives (CTO, CCO, COO, CFO) have been publicly named for the LATAM division. The parent company’s CEO, Vakhtang Abrahamyan, is not part of LATAM leadership.
Additional Notes
No financial details (funding rounds, revenue) have been confirmed specifically for Fastex LATAM. A LinkedIn post mentions a startup founded by Manish Agarwal, Ishank Gupta, and Ritesh Arora that raised $13.5 million, but the wording is ambiguous and does not explicitly link that funding to Fastex LATAM. The official website for Fastex is `fastex.io` (currently redirecting to an exchange portal that is unreachable). No dedicated website for the LATAM division exists. The exact headcount, founding date, and headquarters of the LATAM division have not been publicly disclosed.
Key Products
Fastex Exchange
Centralised cryptocurrency trading platform for buying, selling, and trading digital assets.
Fastex Web3 Ecosystem
Blockchain‑based wallet and tokenisation services with limited public details.
Fastex LATAM iGaming Suite
Expected white‑label casino and sportsbook platforms with crypto payment rails, not yet formally announced.
Key Persons
Notable past members
- Matt Sahakian — Representative