UAE now home to first crypto basket investing app
Singaporean start-up, KoinBasket, which recently received a 2 million USD pre-seed funding, is launching the UAE’s first crypto basket application. The company wants to make investing in crypto as easy as online shopping. As per the press release , the crypto basket application will also provide the with superlative fundamental analysis from KoinBasket. The company is backed by marquee investors that include Angellist quant fund, Stonks fund, Kube VC cryptopreneurs like Polygon founder Sandeep Nailwal and Global CXOs from Ripple, Binance Citibank, Google, Accenture, Nomura, Fiserv and many more. Elaborating on how KoinBasket’s collaboration with global crypto exchanges will transform the way the world invests in crypto assets, Co-Founder and CEO Khaleelulla Baig states, “The UAE is an emerging market for us and we are excited to launch a variety of basket options in the Emirates, which is rapidly growing to become a global crypto hub with proactive and encouraging regulations...