A Dubai Royal Is Taking His First Steps Into Crypto

in #crypto6 years ago

travel - dubai 3.jpg

Throwback to chilling in Dubai last November with buddies. Took a while to get this angle to actually fit this building in the frame! Tallest building in the world...

The Dubai Royals surprised everyone with their strong support of cryptocurrency. It will be interesting to see if the UAE becomes a hub for Blockchain startups. Recently, they backed a cyrptocurrency hedge fund!

"Dubai royal Sheikh Saeed bin Ahmed Al Maktoum is backing cryptocurrency fund manager Invao as the Liechtenstein-based firm seeks to attract more investors from the United Arab Emirates.

Sheikh Saeed’s private office will help Invao, which invests in cryptocurrencies and blockchain start ups, secure funding from investors in the Gulf state. The Private Office, as its known, makes its own investments, as well as sourcing deals for others."

Read more! - https://www.bloomberg.com/news/articles/2019-02-05/dubai-royal-family-office-backs-cryptocurrency-investor-invao

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