Get Ready for the Copper Comedy Show in Abu Dhabi!

Copper Announces Launch of Digital Securities Brokerage in Abu Dhabi

Copper to launch digital securities brokerage in Abu Dhabi.

London-based crypto trading and custody firm Copper is expanding its horizons and preparing to launch a new brokerage platform for digital assets. And where is this comedy show taking place, you ask? Well, hold on to your hats because it’s none other than the fabulous city of Abu Dhabi! Get your laughing emojis ready, folks!

Copper’s Latest Expansion: Securrency Acquired!

In a move that could rival the world’s greatest magic tricks, Copper has acquired Securrency Capital Limited, which will soon be rebranded as the flashy Copper Securities Limited. Talk about making moves with style!

According to a press release from Copper, this new brokerage platform will give investors access to global securities and offer 24/7 trading with near-real-time settlement. It’s like having your own personal finance superhero who works day and night to make sure your transactions are smooth and seamless. And guess what? The press release also mentioned the fancy term “tokenization of traditional securities.” What does that mean, you ask? Well, it’s like turning boring old financial assets into cool, digital tokens that are easy to manage and trade. It’s like taking your grandma’s knitting needles and turning them into a legitimate fashion statement!

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The UAE: Crypto’s Newest Global Hub

Abu Dhabi’s international financial center, ADGM, will serve as the stage for Copper’s hilarious brokerage platform. And don’t worry, folks, the show will be supervised by the Financial Regulatory Authority (FRSA) to make sure nobody falls off their chairs laughing.

Dmitry Tokarev, CEO and founder of Copper, said, “Through this acquisition, Copper is able to grow its role as a global digital asset infrastructure provider and establish a stronger footprint in the United Arab Emirates.” It’s like Copper is the Robin Hood of the digital asset world, stealing laughs from the rich and sharing them with the people of Abu Dhabi.

And guess who else is excited about this comedy extravaganza? The Co-founder and COO of Securrency Capital Limited! They said, “We look forward to working with Dmitry and team as they serve the rapidly growing Abu Dhabi Global Market.” It’s like they’re stocking up on popcorn and getting ready for a front-row seat at the funniest show in town!

More Crypto Goodness in the UAE

But wait, there’s more! Abu Dhabi is becoming the hottest spot for crypto-related businesses. Binance recently acquired an Operation Minimum Viable Product (MVP) in Dubai, and it seems like everyone’s joining the party. It’s like the UAE is saying, “Hey, blockchain technology, come on down! You’re the next contestant on the Crypto’s Got Talent show.”

Paxos, the blockchain and tokenization platform, also announced that it got the green light from the Financial Regulatory Authority (FRSA) to provide brokerage and custody services as well as issue stablecoins. It’s like they’re the magicians pulling rabbits out of hats, except these rabbits are stablecoins and they’ll definitely multiply!

Promising Statistics: A Star-Studded Crypto Show

Did you know that the Middle East and North Africa have nearly 7.2% of the global transaction volume in cryptocurrencies? It’s like they’ve reserved front-row seats for themselves in the crypto theater. And not only that, but the region rakes in over $389.8 billion in yearly on-chain value. That’s like watching a comedy blockbuster with a box-office record!

According to the Crypto Oasis Ecosystem Report, the digital asset industry in the Middle East and North Africa employs 8,650 people across 1,800 organizations. It’s like a casting call for the talented individuals who’ll make this comedy show a roaring success!

So, ladies and gentlemen, mark your calendars because Copper Securities Limited is coming to Abu Dhabi soon. Get ready to laugh your way to financial success and join the crypto party of the year. The UAE is the place to be, where humor and innovation go hand in hand. Hurry up and secure your tickets to the craziest blockchain comedy show in town!

Are you excited to join the laughter-filled crypto party in Abu Dhabi? Which comedian do you think will steal the show? Share your thoughts in the comments below!

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