Golden Finance reports that Phoenix Group, the first local cryptocurrency company listed on the Abu Dhabi Securities Exchange (ADX) in the UAE, recently announced the appointment of a new CEO and plans to achieve dual listing on Nasdaq in 2025 to further expand its international market and enhance its global influence. Founded in 2017 and headquartered in Abu Dhabi, UAE, Phoenix Group successfully listed on the Abu Dhabi Securities Exchange in October 2023, becoming the first privately-owned cryptocurrency and blockchain entity to be listed on a stock market in the Middle East. As the largest cryptocurrency mining business operator in the Middle East and North Africa region, Phoenix Group has rapidly risen in recent years and has developed into a technology group with a market value of several billion dollars.