The partnership will allow UAE and global investors to access a diversified portfolio of blockchain assets and digital currencies through INVAO’s blockchain asset pool.
Tuesday 05, February 2019
Liechtenstein-based INVAO has been selected as the exclusive international partner for blockchain investments by Dubai’s SEED Group.
In a statement, INVAO stated that as the leading candidate for the exclusive international partner to The Private Office for blockchain investments, INVAO will play a key role in the implementation of the Emirates Blockchain Strategy 2021.
Hisham Al Gurg, the CEO of SEED Group, said, “We have selected INVAO as our international partner for blockchain investments as we believe that it will increase the transformation drive for the digital asset landscape in the UAE whilst offering an enhanced standard and improved market access for investors in the region.”
Invao, which was set up last year, has already invested more than $1 million and has managed to make a profit even though the value of most cryptocurrencies has slumped.
The blockchain firm began an investor roadshow across the Middle East in 2018, hosting events in Dubai, Kuwait, and Saudi Arabia.