BRIEF

on Onramp MENA

Onramp MENA Launches Bitcoin Asset Management in MENA Region

DUBAI, UAE - Onramp MENA announced its entry into the Middle East and North Africa (MENA) market, specializing in Bitcoin asset management. This venture comes with the support of Early Riders, the region's first Bitcoin-denominated investment fund. Managing Partner Ralph Gebran highlighted the introduction of a multi-institution custody model as a revolutionary step in managing Bitcoin securely and efficiently.

The company focuses on aligning with Islamic finance principles by ensuring transparency and ethical handling of transactions. Its services are tailored to meet the needs of high-net-worth individuals and institutions, offering features like Protected Co-Signing services in collaboration with Coincover and an insurance-backed warranty from Lloyd's of London.

With a strategy deeply rooted in local respect and understanding, Onramp MENA aims to integrate their offerings seamlessly within the region, working closely with local scholars and financial experts to ensure compliance with Shariah laws.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Onramp MENA news