Deep Tide TechFlow News, on December 23, according to Caixin, 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.

Phoenix Group was established in 2017 and is headquartered in Abu Dhabi, UAE. In October 2023, it successfully listed on the Abu Dhabi Securities Exchange, becoming the first private cryptocurrency and blockchain entity to be listed on the Middle Eastern stock market.