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Corporation
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing
theblockchain-group.com

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About The Blockchain Group

Blockchain Group supports companies and entrepreneurs in the Blockchain in the exploitation of this digital revolution through 360 ° support, whether in information services, technology, advice or even marketing through our 3 key concepts.

The Blockchain Group Headquarters Location

16 rue gaston de caillavet

Paris, 75015,

France

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The Blockchain Group Web Traffic

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Latest The Blockchain Group News

DhabiCoin Joins Select Cryptocurrency and Blockchain Group After Obtaining the Coveted Dubai DMMC License

Aug 5, 2022

Los Angeles, California Los Angeles, CA, Aug. 05, 2022 (GLOBE NEWSWIRE) -- DhabiCoin (DBC) has just been approved after a lengthy process to obtain the DMCC license, Dubai's commodity-free zone, elected seven times in a row by the  Financial Times fDI Magazine as "Global Free Zone of the Year."  By the end of 2021, the date of the DMCC’s last official UNLOCK report, the number of crypto entities registered with the DMCC was 151 companies, including blockchains like  Huobi  (2018) and  Binance  (2022) and cryptos like  Ethereum  and BNB. The Dubai Free Zone has over 20,000 commodity companies today and celebrates a new record for the first half of 2022: The DMCC – the world's leading Free Zone and the Dubai Government Authority on Commerce and Commodities Companies – recorded its best all-time performance on the market. In the first half of the year, it registered 1,469 new companies in the first six months of 2022. This represents a 19% increase over the same period last year. In June alone, the DMCC received 323 new businesses in its Free Trade Zone and commercial district, the best monthly performance since its inception. After a record 2021, in which the DMCC attracted 2,485 new members, the DMCC is now home to over 21,000 companies. The Dubai Free Zone Multi Commodities Center (DMCC) is a place worth considering for cryptocurrency work in the UAE. The DMCC encryption license guarantees the legality of the company's operation. Regal Assets was the first company to receive this license, offering its customers cryptocurrency cold storage. The regulation of cryptocurrency and blockchain projects in the UAE is carried out by the FSRA (Financial Services Regulatory Authority) about the ADGM (Abu Dhabi Global Market). This authority publishes guidance on cryptocurrencies. It also monitors blockchain businesses to ensure transparency and prevent money laundering and terrorist financing. Other authorities that may contribute to cryptocurrency regulations in the UAE in the future are the SCA (Securities and Commodities Authority) and the DFSA (Dubai Financial Services Authority). DhabiCoin continues to develop and contribute to revolutionizing the world of cryptocurrencies. To learn more about DBC, please, visit.

The Blockchain Group Acquisitions

2 Acquisitions

The Blockchain Group acquired 2 companies. Their latest acquisition was Trimane on January 28, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/28/2021

$99M

Acquired

1

12/13/2019

Other Venture Capital

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$99M

$99M

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10

Date

1/28/2021

12/13/2019

Investment Stage

Other Venture Capital

Companies

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Valuation

$99M

$99M

Total Funding

$99M

Note

Acquired

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Sources

1

10

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