Crypto exchange Realcoin Global has opened its head office in Dubai, The United Arab Emirates, seen as “the Wall Street of crypto.”
The office, located at Metropolis Building, 57 Marasi Drive, Business Bay, Dubai, is expected to create a new chapter for Realcoin, which uses blockchain to tokenize real estate assets in Vietnam and worldwide.
The platform also draws attention from crypto and real estate investors in UAE and the Middle East due to its high liquidity and large ecosystem, according to Realcoin founder and CEO Tim Duong.
Omarapay, a platform for exchanges of different currencies and in the portfolio of the Royal Family of the United Arab Emirates, is considering cooperation with Realcoin, Duong added.
Many partners joined the June 17 office opening, including Tran Kim Chung, chairman of Vietnamese private conglomerate CT Group (a Realcoin shareholder); CT Group vice chairwoman Hoang Bach Duong; Collin Miles, Tezoz Blockchain CEO and commercial director of Zilliqa Blockchain; Vinesh Patel from Deloitte in the Middle East; and Kelmer Group chairman Roberto Granello.
At the event, business executives expressed their enthusiasm for Realcoin's development of crypto assets assured by real estates. They agreed that Realcoin's presence in Dubai marks Vietnam's aspiration to make progress in the market.