INVAO, the blockchain asset pool for investors, has been selected as the exclusive international partner for blockchain investments by Dubai’s SEED Group, an association of diversified companies owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum.
“This [landmark partnership]represents a seal of approval from an association of elite business minds across the UAE. At INVAO, we have the extensive experience, tact, and resources to contribute to the ascent of the UAE as a bonafide world leader in blockchain technology and look forward to helping this vision to crystalize,” INVAO CEO and Co‑founder Frank Wagner. “With this joint venture, INVAO will become one of the main drivers behind the Emirates Blockchain Strategy 2021. INVAO and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum share the common goal of seeing the UAE becoming a leader in the global blockchain ecosystem. We are excited to invest more into the region through the opening of our office in Dubai, and we are committed to bringing with us new investment options for institutional and retail investors alike.”
INVAO will play a key role in the implementation of the Emirates Blockchain Strategy 2021. Through INVAO’s blockchain asset pool, UAE and global investors aim to access a diversified portfolio of blockchain assets and digital currencies. Leveraging automated trading and expert crypto portfolio management, INVAO provides a straightforward way to invest in blockchain and digital money as an asset class, without lockup periods. In 2018, INVAO began an investor roadshow across the Middle East, hosting events in Dubai, Kuwait, and Saudi Arabia.
“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,” SEED Group CEO Hisham Al Gurg. “While the vision is to invest in blockchain, the partnership takes an inclusive approach to integrate and monitor the global market trend to take part in this global upsurge and overcome financial, cultural and regulatory differences. On account of this significant rise from the UAE, the Middle East is now ready to become a global leader in blockchain technology. By tapping into the vast experience of the INVAO team we will greatly advance this mission.”
Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries which have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group.