Tag: CryptoInvestments

Roofstock, a digital real estate platform for single-family rental investing, announced closing a $240 million Series E round led by SoftBank‘s Vision 2 fund. With the new funding, Roofstock achieved a valuation of $1.94 billion. The Roofstock platform enables the $4 trillion fragmented, cottage industry of single-family rentals (SFRs) to become a relevant asset class….

Crypto firms in the UAE are being flooded with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, Reuters reported. According to sources, some clients are investing with crypto in real estate in the UAE, while others want to use local companies to turn their virtual…

Technological innovations in digital assets, blockchain, and NFTs are expected to transform the real estate assets in the MENA region making them more liquid, digital, and accessible for people who are unable to access them due to high capital costs, complicated transaction processes, and restricted deals. According to GB Invest February 2022 edition, the global…

South Korea’s Ministry has reportedly offered $186.7 million to build a comprehensive metaverse ecosystem. By 2026, South Korea’s government wants to create the fifth-largest metaverse market in the world. This money would be utilized to assist the impactful expansion of digital content as well as business growth across the country. South Korea will spend at…

UAE-based digital wallet provider Hubpay has raised $20 million in a Series A round. Hubpay aims to facilitate the process of money transfers on a domestic and international level. The funding will be used to hire new employees and for the company’s planned international expansion in 2022, focusing on Asia and Africa, Magnitt reported. The…

BlackRock, the world’s largest asset manager, is reportedly planning to offer a crypto trading service to its investor clients, three sources revealed. Clients would be able to trade crypto through the firm’s Aladdin investment platform, one of the sources said. As one source familiar with the matter told CoinDesk, the New York-based firm means to…