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ColdStack Decentralized Cloud Storage Aggregator Receives Strategic Investment From Digital Finance Group
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Digital Finance Group invests in ColdStack, supporting the project s mission to make decentralized storage easier and more cost-efficient.
At DFG, we believe in supporting products that will solve major issues in Blockchain, such as distributed data storage, Coldstack, the first market Aggregator of Decentralized Data Storages is a clear example of a much needed upgrade to a growing and promising sector of the industry. SHANGHAI (PRWEB) April 08, 2021 Dear community members, we are pleased to announce that ColdStack has received a strategic investment from DFG Digital Finance Group. DFG has been added to our growing list of established investment firms which have shown great confidence in our mission to make decentralized storage easier and more cost-efficient for people to use.
The exchange is Sharia-compliant, having been certified by the Shariah Review Bureau, the company said.
It will offer the deposit, trade and withdrawal of digital assets in a users local currency and on launch will offer trading in five major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and Bitcoin Cash (BCH). It will be open to users in Bahrain, Kuwait, Oman, Saudi Arabia and the UAE.
It will also provide over-the-counter services for clients looking to carry out large transactions, the company said. As CoinMENA grows, we will be providing access to additional digital assets and expanding the jurisdictions we operate in, with the view of becoming one of the leading digital assets exchanges on a global scale.”