Russian Project Tkeycoin Receives $8 Mln From Dubai Investors

  • Yuri Molchan
    📰 News

    UAE investors are to send $8 mln, the total amount of investment from them now equals $12 mln. The funds will be transferred via Dubai’s largest bank Emirates NBD


Russian Project Tkeycoin Receives $8 Mln From Dubai Investors

This is the second tranche from the UAE investors. This time they are to send $8 mln, the total amount of investment from them now equals $12 mln. The funds will be transferred via Dubai’s largest bank Emirates NBD.

The deal is approved by the Dubai government, the latter has been actively introducing Blockchain in various spheres recently, such as healthcare, logistics, financial industry, etc.

As part of this new policy, the Dubai authorities plan to provide a free office in the DMCC Business Centre in Dubai for the Tkeycoin team and Blockchain experts from other countries to help Tkeycoin succeed outside Russia. They are to start working there in 2019.

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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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