Stratez Capital and Newtek to develop tokenized commodity trading on the Blockchain
Singaporean, Stratez Capital with offices in UAE, a boutique firm that focuses on assisting enterprises who are planning to elevate to the next phase of growth, has partnered with NewTek Holdings to develop tokenized commodity trading and real-estate projects on the Blockchain. As per the press release , the Middle East has been identified by NewTek as a priority market, and the company is initially looking to focus on major real estate projects in Dubai. “This is an exciting partnership, and in line with the investment and strategy objectives of the company, and we feel we can add huge value with our expertise and investments. NewTek brings real asset value and a clear vision in one of the fastest growing areas where real world assets combine with future Web3 and blockchain technology,” said Vik Pillai, Managing Partner at Singapore-based Stratez, announcing the agreement today. Qurashi, CEO of London-based NewTek, said: “I’ve been very impressed by the depth and variety that Strat