The Singapore-headquartered company has set its eyes on roping in banks, financial institutions and family offices for its ambitious growth
Virtual investments
Dubai in the metaverse: How the UAE will take advantage of a $30 trillion market
Dubai has already announced a new Metaverse Strategy to be headed by the emirate’s Crown Prince Hamdan bin Mohammed Al Maktoum
Regulatory framework to address money laundering risks across virtual assets to be issued soon: SCA
The Securities and Commodities Authority is the sole authority in the UAE mainland – with the exception of the financial free zones, ADGM and DIFC – for licencing, supervising, and overseeing the virtual assets activities and services issued for investment purposes
Video: Why investors are paying millions for virtual real estate
Investments in virtual land within the metaverse are booming, with digital land plots selling for hundreds of thousands and even millions of dollars
Why investors are paying real money to buy virtual real estate
Investments in virtual land within the metaverse are booming, with digital land plots selling for hundreds of thousands and even millions of dollars