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Companies›Aban Tether

Aban Tether

Verified
Digital AssetsIn the registry
Entity IDIR-CO-054
SectorDigital Assets
Founded2019
HQTehran
VerificationVerified
Last reviewed2026-08-01

Cryptocurrency exchange registered in Iran. Tehran Index record: founded 2019, headquartered in Tehran.

Doing business with Aban Tether? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a Aban Tether registry check · see a free sample

SnapshotMetricsBusinessOwnershipSources
Decision snapshot
Legal entity (Official Gazette notice)
The Official Gazette notice published in gazette 23512 on 14 December 2025 names the company as Aban Tabadol Arsabaran, a private joint stock company, and prints the national identifier and registration number shown in this profile. Aban Tether is the brand; that company is the legal operator.
Notice published 14 December 2025Official record
Official Gazette of the Islamic Republic of Iran, legal-notices portal, notice detail ↗ · retrieved 2026-09-15
Founding timeline, sources disagree
Aban Tether's about page states that the company set out from 2018-19 to build a simple, secure and trustworthy space for users, which is the company's own dating of the brand's activity. The registered company behind it dates from 2020 on the registry; both dates are shown because the sources do not resolve the difference.
2018 to 2022Company disclosed
Aban Tether company about page (this is the linked source). Corroborated but NOT linked here: company LinkedIn page, co-founder profile, corporate registry. The registry and the about page disagree on the founding date and the disagreement is recorded rather than resolved. ↗ · retrieved 2026-09-15

Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.

Operating metrics, period-stamped
UsersYear to 31 December 2023Company disclosed
More than 1 million
Aban Tether report for calendar year 2023 · retrieved 2026-10-06The bar chart under the sentence is unlabelled; its 2023 bar ends just past the 1,000,000 gridline. Page 39 of the same report describes 'more than 1 million active users', a different measure that is not carried here.
Listed cryptocurrenciesYear to 31 December 2022Company disclosed
309
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
Compensation paid to users after the Gala token incidentNovember 2022Company disclosed
340,000 US dollars
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06The amount as the company printed it in US dollars, paid from its own insurance fund in tokens to users who had bought the compromised BEP20 Gala token.
Chief executiveAt November 2022Company disclosed
Reza Shoohani
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06
Users, year-on-year changeYear to 31 December 2023, against 2022Company disclosed
47 per cent increase
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
Listed cryptocurrenciesYear to 31 December 2023Company disclosed
434
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
New cryptocurrencies listedYear to 31 December 2023Company disclosed
125
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
Listed cryptocurrencies, year-on-year changeYear to 31 December 2023, against 2022Company disclosed
40 per cent increase
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
HeadcountYear to 31 December 2023Company disclosed
147
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
Headcount, year-on-year changeYear to 31 December 2023, against 2022Company disclosed
32 per cent increase
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
Users who invited at least one other personYear to 31 December 2023Company disclosed
200,000
Aban Tether report for calendar year 2023 · retrieved 2026-10-06
UsersDecember 2022Company disclosed
709,221
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06A running total of users at December 2022, as charted by the company. The report does not say whether these are registered or verified accounts.
Transactions completed successfullyYear to 31 December 2022Company disclosed
96.66 per cent
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06The other 3.34 per cent failed.
Transactions on toman marketsYear to 31 December 2022Company disclosed
52 per cent
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06The remaining 48 per cent were on tether-quoted markets. The report does not say whether the split is by number of transactions or by value.
In-person tradesYear to 31 December 2022Company disclosed
More than 5,000
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06
Support team sizeYear to 31 December 2022Company disclosed
42 people
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06Customer support staff only, part of the company's total headcount.
Online support chatsYear to 31 December 2022Company disclosed
554,575
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06
Online support chatsYear to 31 December 2021Company disclosed
571,599
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06
HeadcountYear to 31 December 2022Company disclosed
111
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06
Employees who are womenYear to 31 December 2022Company disclosed
33
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06Out of 111 employees; the other 78 are men.
New hiresYear to 31 December 2022Company disclosed
32
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06Hired from more than 2,800 applications and 213 interviews.
People who joined during the 50/50 campaign25 April to 10 May 2022Company disclosed
More than 80,000
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06The report says these people were added to its companions; it does not say how many stayed active.
People who joined during the Yalda campaign17 to 22 December 2022Company disclosed
Nearly 10,000
Aban Tether annual report for calendar year 2022 · retrieved 2026-10-06
Users at the FY2022 annual report launchStated at the company annual report event, 17 May 2023Company disclosed
At the company own annual report event for 2022, held in May 2023, deputy chief executive Farhad Fallah stated that Aban Tether then had around 800,000 users and 300,000 monthly actives. The figures are as at that date; Tehran Index has no later count.
Aban Tether FY2022 annual report launch, reported by Arzdigital ↗ · retrieved 2026-09-15
Trading volume, and the company own caveat on itStated at the company annual report event, May 2023Company disclosed
Asked about volume at the same event, deputy chief executive Farhad Fallah stated that exchange volumes in Iran are usually exaggerated and that no exact figure is announced, so the company could not announce one either; he put Aban Tether daily average at roughly 400 to 500 billion toman and said that by volume the company is among the four large exchanges in the country. The caveat is reported with the number because the source itself attaches it.
Aban Tether FY2022 annual report launch, reported by Arzdigital ↗ · retrieved 2026-09-15
Business model & group
Platform scope and leadership (company site)Company about page read 15 September 2026Company disclosed
Aban Tether's about page states that it offers zero commission on tether purchases and sales, trading credit of up to 20 times with a ceiling of 300,000 tether, more than 1,000 tradable cryptocurrencies, and instant deposits and withdrawals with no rial ceiling. The same page names the chief executive as Sahand Hamzehei, with Mostafa Lavaei as chief technology officer, Mohammad Elmi as chief business development officer and Iman Mashalchian as chief marketing officer.
Aban Tether company about page (this is the linked source). Corroborated but NOT linked here: company LinkedIn overview. ↗ · retrieved 2026-09-15Company claims, labelled as such, and not independently verified. An earlier reading of the page gave more than 330 coins and a 30-minute verification promise; as read on 15 September 2026 the page states more than 1,000 coins and does not mention the verification time.
User compensation fund, as described by the companyStated at the company annual report event, May 2023, describing 2022Company disclosed
At the same event the deputy chief executive described an insurance fund for users, funded from the exchange surplus profit, and stated that when the Gala token collapsed the company paid users the equivalent of 350,000 dollars of their Gala holdings from that fund. The disclosure is the company's own account of the episode. The company's own 2022-23 report prints the amount as 340,000 dollars, paid in November 2022.
Aban Tether FY2022 annual report launch, reported by Arzdigital ↗ · retrieved 2026-09-15
Asset coverage and headcount as at May 2023As at the company annual report event, May 2023Company disclosed
The same report states that Aban Tether then supported more than 300 cryptoassets, with Tether and Shiba Inu accounting for the highest trading volume on the platform, and that its team stood at 120 people with an average age of 28, per human resources manager Parisa Hosseinzadeh. These are dated figures from May 2023 and are not presented as current.
Aban Tether FY2022 annual report launch, reported by Arzdigital ↗ · retrieved 2026-09-15
A product the regulator stopped, disclosed by the companyStated at the company annual report event, May 2023Company disclosed
At the same event the deputy chief executive stated that the company had implemented a platform to let an Iranian user buy and sell the shares of foreign, non-American companies with cryptoassets, and that the Securities and Exchange Organisation did not permit it. The disclosure is a documented instance of a regulator blocking an Iranian exchange product.
Aban Tether FY2022 annual report launch, reported by Arzdigital ↗ · retrieved 2026-09-15
Ownership & capital
Registered capital (Official Gazette notice)Capital increase resolved 25 November 2025, notice published 14 December 2025Official record
The same notice records a decision of the extraordinary general meeting of 25 November 2025 raising the company's capital from 1,000,701,000,000 rial to 4,600,701,000,000 rial, divided into 4,600,701 registered ordinary shares of 1,000,000 rial each, wholly by non-cash contribution, with the article of association amended and the increase completed and signed on that date.
Official Gazette of the Islamic Republic of Iran, legal-notices portal, notice detail ↗ · retrieved 2026-09-15
Source ledger, every field, its evidence

The full audit trail for this record, 32 fields each with the documents behind it, is on its own page. Open the source ledger →

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Registered entity
Legal entityAban Tabadol Arsabaran
Entity typeoperating
StatusActive
Registered26 August 2020
Registered capital4.6 trillion IRR
Board & shareholders
Sahand HamzeheiCEO
Reza ShouhaniChairman
Hossein HojjatiVice Chairman
Mohammad Mansourimember

Registered capital is the share capital recorded in the official gazette. Increases are real corporate events, but they are commonly funded from retained earnings or converted receivables and are also driven by inflation and regulatory minimums. It is not a valuation, and Tehran Index does not present it as one.

Official contact
Registered addressGround floor, No. 8, Gozar Mordad Alley, Shahrak-e Qods (West), Tehran, Iran
Postal code1465663166
Instagram@abantether
Evidence & verification
Verification tierVerified, registry / official source
Primary evidenceabantether.com
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
Founded 2019
abantether.comLinkedIn
Company dossier

Registry check on Aban Tether: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.

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