CoinVoice recently learned that, according to Caixin, Phoenix Group, the first local cryptocurrency company listed on the Abu Dhabi Securities Exchange (ADX), has announced the appointment of a new CEO and plans to achieve a 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 went public on the Abu Dhabi Securities Exchange in October 2023, becoming the first private cryptocurrency and blockchain entity listed on the Middle Eastern stock market.
As the largest cryptocurrency mining operator in the Middle East and North Africa, Phoenix Group has rapidly risen in recent years, developing into a technology group with a market value of several billion dollars. [Original link]
