crypto investment firm 21Shares, based in UAE Nasdaq Dubaiin Bitcoin ( BTC) launched ETP services.
21Shares, which provides investment and brokerage services in the field of cryptocurrencies, continues its global expansion efforts. ETP products of the company, which also started its services in the Middle East, were listed on Nasdaq Dubai. The company, which recently raised $25 million, with an appraisal of $2 billion, offers 46 different products.
Dubai Is On Its Way To Become A Bitcoin Hub
Middle East Manager of the company Sherif Al-Haddad , expressed that they continue to work for the UAE and other Gulf countries. Interested in expanding the company Haddadnoted that the Middle East is an important location for the crypto market. HaddadAccording to Bitcoin, it could be successful in this region.
21Shares co-founders Hany Rashwanand Ophelia Snyder They stated that they wanted to expand in the Middle East side, apart from Europe and Asia. The Bitcoin ETP service launched by the company stood out as the second study in Dubai. Previously, 3iQ company launched ETF services.
Dubai continues to work in the crypto space. Dubai, which has been working hard on Bitcoin and the metaverse, wants to strengthen the digital economy.
