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Market News

Dubai’s Ruling Family Partners with CoinCorner Via Seed Group

CoinCorner will be developing a bitcoin trading platform for UAE residents to trade bitcoin, as well as crypto solutions for businesses in the country.

Written By Renuka Tahelyani
Published 2022-09-21
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Dubai's Ruling Family Partners with CoinCorner Via Seed Group

A partnership has been formed between Seed Group, a company owned by Sheikh Saeed bin Ahmed Al Maktoum, a member of Dubai’s ruling family, and a British bitcoin trading platform CoinCorner for the latter to enter the Dubai and wider Middle East crypto exchange market.

Very proud and excited to announce @CoinCorner's partnership with @seedgroupme a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum to bring #Bitcoin payments to the UAE.

Bolt Card incoming ⚡️ pic.twitter.com/9NbE3aGnuf

— Danny Scott ⚡ (@CoinCornerDanny) September 21, 2022

Seed Group will enable the fintech company in reaching the right audience, gain access to top decision-makers in both the public and private sectors, and market their Bitcoin transaction solutions and lightning services.

The Dubai Royal Family appears to be interested in Bitcoin and plans to move in the same direction.

Also Read: Dubai Regulator VARA issues Virtual Assets Marketing Guidelines

CoinCorner will concentrate on developing a bitcoin trading platform for UAE residents to trade bitcoin, as well as crypto solutions for businesses in the country.

“We are pleased to enter into a mutually beneficial partnership with Seed Group. We are committed to making Bitcoin transactions the “new normal” in the UAE with the help of our unique solutions, facilitating instant and frictionless payments,” said Danny Scott, CEO of CoinCorner.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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