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The #UAE #dirham will be the cornerstone of new stablecoins, according to a former #SoftBank Group official.
_Akshay Nahita, the veteran businessman who was serving as Senior Vice President of Investments at the famous SoftBank Group, announced the launch of a new company in Abu Dhabi, in preparation for his entry into the world of stable currencies and exploring the possibility of launching a stable currency linked to the Emirati dirham. According to what was published by Bloomberg, the new company will be based in the Abu Dhabi Global Market, and the company will be the starting point for a strategic cooperation with the Hong Kong-based company “DRAM Trust”, which is famous for its close association with many wealthy figures, with the aim of harnessing the potential of the stable currency market. Which Bernstein Financial Consulting analysts expect will reach $2.8 trillion in the next half decade.
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_Akshay Nahita, the veteran businessman who was serving as Senior Vice President of Investments at the famous SoftBank Group, announced the launch of a new company in Abu Dhabi, in preparation for his entry into the world of stable currencies and exploring the possibility of launching a stable currency linked to the Emirati dirham. According to what was published by Bloomberg, the new company will be based in the Abu Dhabi Global Market, and the company will be the starting point for a strategic cooperation with the Hong Kong-based company “DRAM Trust”, which is famous for its close association with many wealthy figures, with the aim of harnessing the potential of the stable currency market. Which Bernstein Financial Consulting analysts expect will reach $2.8 trillion in the next half decade.
#Follow us to see more news and details 💯💵⬇️🚀
⚡Biggest #crypto #fundraising Events in March (6 April 2023)
Investors: #a16z , #Sequoia Capital, #SoftBank , Polychain Capital, Hashed, Bitkraft, Animoca Brands, Dragonfly, Coinbase Ventures, Blockchain Capital, Electric Capital, Warner Music, and others.
Investors: #a16z , #Sequoia Capital, #SoftBank , Polychain Capital, Hashed, Bitkraft, Animoca Brands, Dragonfly, Coinbase Ventures, Blockchain Capital, Electric Capital, Warner Music, and others.
#eToro has secured $250 Million in funding at a $3.5 Billion valuation
After calling off its plans to go public via a #SPAC at a $10.4B valuation in 2022, eToro has secured $250M. Investors include ION Group, Social Leverage, #SoftBank , and #SparkCapital
After calling off its plans to go public via a #SPAC at a $10.4B valuation in 2022, eToro has secured $250M. Investors include ION Group, Social Leverage, #SoftBank , and #SparkCapital
