Liquefy Announces Partnership with The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum and SEED Group to Propel Dubai as a Global Leader in FinTech.
Dubai, United Arab Emirates – 07 August 2019 – Liquefy is excited to announce its partnership with The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum and SEED Group. This partnership aims to propel Dubai as a global leader in FinTech and catalyze the growth of the security token industry by working with Liquefy. On 29th July 2019, Hisham Al Gurg, the CEO of SEED Group and The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, finalized the partnership with Liquefy during an official signing ceremony event held at their headquarters in Dubai. Adrian Lai, CEO at Liquefy, and Oscar Yeung, COO at Liquefy, represented Liquefy at the signing ceremony. Dubai is committed to becoming a global leader in financial and digital innovation by adopting blockchain technology. The Smart Dubai Initiative will help Dubai achieve the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum by making Dubai the first city to be fully powered by Blockchain by 2020. Digitalization of assets and securities through tokenization is an emerging trend that is revolutionizing financial services. Liquefy believes Dubai is the ideal place to build a security token ecosystem given the Dubai International Financial Centre’s (DFSA) support towards innovative business models, products and services. The partnership allows Liquefy to operate in Dubai under The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum and engage discussions with Dubai, UAE government and DFSA on regulations of security token and to collaborate with the private sector on tokenization. Liquefy will provide security token technology and consulting to Dubai which will enable Dubai’s digital city transformation and allow trusted and efficient transfer of securities. “We see our partnership with The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum as an incredible opportunity for integrating Liquefy’s expertise in asset tokenization with Dubai’s vision to become a digital city. Liquefy is confident that this partnership will drive Dubai’s progress towards becoming a fully blockchain-powered city and initiate a paradigm shift in its real estate sector through asset tokenization,” said Adrian Lai, CEO of Liquefy.
“As market leaders, it’s always been our primary interest to partner with a company that delivers the industry-leading technology that this city expects and deserves,” said Hisham Al Gurg. “We are taking a significant step towards that ultimate objective here in Dubai by formalizing our partnership with Liquefy. We look forward to a fruitful collaboration that will effectively address some real issues in the current financial ecosystem efficiently and eventually make Dubai the world leader in innovative technology.”About Liquefy
Liquefy provides tokenization and compliance solutions to the world’s most reputable companies, focusing on real-estate tokenization in Asia. With our depth of expertise in Asia’s security token market, clients look at us as a trusted guide and partner when they undertake projects in the blockchain space. In addition to security token issuance, Liquefy has developed a comprehensive compliance protocol that includes over 50 jurisdictions. As the leading STO-focused firm in Hong Kong that offers a wide range of services in the tokenization industry, Liquefy is the perfect partner for both large enterprises and rising SMEs in Asia.About SEED Group and The Private Office of Sheikh Ahmed bin Saeed Al Maktoum
Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East and North Africa region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed Bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.View full article