Phoenix Group, the first cryptocurrency company in the UAE to list on the Abu Dhabi Stock Exchange, is preparing to dual-list on Nasdaq in 2025. The move is expected to help the company expand its business globally, as it is currently the largest crypto mining operator in the Middle East and North Africa region. Phoenix Group manages over 765 MW facilities in the US, Canada, and the UAE and is also an exclusive distributor of BTC mining devices in various regions. This dual listing on Nasdaq will solidify the UAE's position as a cryptocurrency hub and bridge the gap between traditional and digital finance.
- Content Editor ( coinpedia.org )
- 2024-12-23
Phoenix Group: UAE’s Crypto Giant Plans Nasdaq Dual Listing in 2025