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.
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.
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.