Liechtenstein-based blockchain investment fund company INVAO has taken a strategic decision to move their operation to the UAE following strong backings from local partners.
INVAO is currently working on investing in blockchain products and raising funds for their IVO tokens whist attracting more investors from the UAE.
Through INVAO’s blockchain asset pool, the UAE and global investors can easily gain access to a portfolio of blockchain assets and crypto currencies. Despite the fact that the market is rising and falling continually, the company leverages the mixture of asset management and automated trading to provide a safe and convenient access to the market as an asset class.
Ahmed Jacob, Managing Partner and CTO of INVAO, said: “Dubai is doing great work at embracing blockchain investments as a leading emerging technology. Investors in the Middle East believe in the power of technological development and advancement to drive change and improve business, economics to integrate society. With such a diverse and international community, the Middle Eastern region is ready to invest in blockchain technology.
As a Dubai based entrepreneur, Mr. Jacob is leading the UAE initiative for INVAO. His vast experience in software engineering and IT for the financial and services industry has driven him to becoming an expert in advanced technology. He currently specializes in technological development as well as leading financial products and building partnerships for INVAO.
Mr Jacob said: “Blockchain marketplaces are inherently more secure than conventional alternatives.
Through INVAO, investors can be part of the blockchain revolution, which is not only going to transform the world of money but every business and industry imaginable.”
INVAO has raised over $5million for crypto trading in the last year and successfully managed to make a generous profit despite the recent decline of most currencies value.
INVAO aims to reduce the risk of blockchain asset trading across different regions and marketplaces by using tokens creating a single, aggregated global trading pool with large-scale liquidity, rapid execution, minimal counterparty risk, and price transparency.
Even though blockchain and digital currencies are rapidly becoming a solid asset class, there is an ongoing uncertainty as to which coins can bring the most significant profit and which ones could completely fail in the next market cycle.
INVAO bridges the gap between investment options and market dynamics by providing an expert blockchain asset management platform to produce intelligent insights from a vast world of real-time data.
Frank Gessner, Co-Founder & Chairman, and Frank Wagner, Co-Founder and CEO of INVAO, came to an exclusive arrangement with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, SEED Group as official international partners in the UAE. The two entities started working closely as exclusive partners for blockchain investments earlier this year to help raise funds, support and encourage the blockchain industry in the country.
SEED Group is set to help INVAO secure funding from investors in the GCC for IVO Tokens as well as invest in asset trading and crypto currencies. INVAO is set to play a crucial part in the implementation of the Emirates Blockchain Strategy 2021.
Mr Wagner said: “Our partnership with The Private Office strongly represents a seal of approval from an association of elite business minds across the UAE.”
As Dubai is set to be a leader in finding new ways to improve the future and happiness of the city, one of its many goals include implementing the blockchain powered system is to become a paperless government by 2021.
While working on raising funds for their IVO tokens and attracting future investors from the UAE, INVAO has established a strong base in the UAE and are confident to invest in its smart future, making it a global leader in blockchain technology.