The subsidiary aims to provide further asset management and offer holistic financial services.
The US-registered, China-based Future FinTech Group (FTFT) has announced the launch of a new subsidiary in Dubai specifically operating in crypto trading and asset management.
The new subdivision aims to provide full financial services within the blockchain space in order to build an overarching holistic financial services platform to attract investors. Ultimately, the venture seeks to propel them forward in becoming one of the world’s leading digital currencies, crypto asset trading and management services providers.
“Building a financial services platform based on blockchain technology is a key development plan for our company,” FTFT chief Shanchung Huang said.
FTFT has also signed a deal with another digital currency platform that boasts over 1.2 million registered members worldwide under its belt, in a move that further demonstrates the UAE’s commitment to the development of its blockchain ecosystem.