The Private Office of Sheikh Saeed bin Ahmed Al Maktoum Names INVAO as International Blockchain Investments Partner;
Collaboration Key Pillar of Emirates Blockchain Strategy 2021
Dubai – February 5, 2019 – 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.
Frank Wagner, CEO and Co?founder of INVAO, said, “It is with great excitement that we announce the launch of this landmark partnership. This 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 crystallise. INVAO’s recent activity across the Middle East has shone a light on the region’s fertile ground for sustained growth and innovation.”
Having quickly emerged as the leading candidate for the exclusive international partner to The Private Office for blockchain investments, INVAO will play a key role in the implementation of the Emirates Blockchain Strategy 2021. The founders of INVAO have amassed decades of experience in financial investments and technology development, and have honed an unparalleled capacity to introduce a new asset class to traditional investors. The Private Office of Sheikh Saeed bin Ahmed Al Maktoum directly invests in businesses which bring advanced, innovative solutions to the UAE, selecting one leading company to partner with per industry, including technology, healthcare, hospitality, real estate, and in this case, investments.
Through INVAO’s blockchain asset pool, UAE and global investors can 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.
Hisham Al Gurg, CEO of SEED Group, said, “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. 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.”
“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,” concluded Wagner.