Indian cryptocurrency exchange platform CryptoBiz seeks entry the UAE market. As per a statement mentioned in Khaleej Times, Rahul Rathod, Founder of CryptoBiz stated, “We are pleased to launch our operations across the biggest crypto hub in the world. The goal is to expand and cater to the ever-growing crypto industry through a robust platform and fair market. We are currently working on some other products centered around the crypto and NFT market.”
As per the article, CryptoBiz plans to open their office in DMCC UAE. The platform also plans to launch its NFT marketplace.
UAE is becoming an attractive hub for crypto and blockchain entities such as Binance, Kraken, BitOasis, and CoinMENA among others.