Dubai state-owned bank Emirates NBD debuts crypto trading on Liv X app
Dubai-state-run Emirates NBD, one of the largest banking groups in the region, is making a groundbreaking move by launching crypto trading services. This exciting development is a result of their partnership with Aquanow and Zodia Custody, two leading companies in the crypto space.
With the increasing popularity and adoption of cryptocurrencies, it comes as no surprise that a major bank like Emirates NBD is venturing into this market. This move not only showcases their forward-thinking approach but also highlights the growing acceptance of digital assets in the traditional financial sector.
Through this collaboration, Emirates NBD will be able to offer its customers a secure and regulated platform to buy, sell, and store cryptocurrencies. This is a significant step towards bridging the gap between traditional banking and the crypto world, providing customers with a seamless and convenient experience.
Aquanow, a digital asset trading platform, will provide the necessary technology and infrastructure for Emirates NBD’s crypto trading services. On the other hand, Zodia Custody, a regulated digital asset custodian, will ensure the safekeeping of customers’ crypto assets.
This partnership not only benefits Emirates NBD and its customers but also the overall crypto market. It adds credibility and legitimacy to the industry, attracting more institutional investors and mainstream adoption.
The timing of this launch is also noteworthy, as the crypto market is experiencing a surge in interest and value. With Emirates NBD’s entry into the market, we can expect to see a significant increase in the number of people investing in cryptocurrencies.
In conclusion, the collaboration between Emirates NBD, Aquanow, and Zodia Custody marks a significant milestone in the world of finance. It not only showcases the potential of cryptocurrencies but also highlights the importance of collaboration between traditional banking and the crypto industry. This is a step towards a more inclusive and innovative financial landscape, and we can’t wait to see what the future holds.
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