Cryptonovae Scores Key Partnership, Expanding its Presence in the Middle East and Africa
Market participants are spreading the word about Cryptonovae’s unique technology. Even in the United Arab Emirates, key industry players are getting to know our all-in-one trading ecosystem.
Given the sophisticated trading experience that users can have when using our platform, more investors are eager to get behind us.
This time around, one of the most prominent venture capital firms in the UAE, Phoenix VC, announced its support for Cryptonovae. The Dubai-based investment company believes that our advanced charting tools would provide traders what they need to manage their trades, raise trading efficiency, and increase returns.
“In the crowded space of the rapidly growing cryptocurrency world, one of the new projects that are working to provide new solutions to traders is Cryptonovae. The trading platform offers many advantages such as multiple screens and automated trading,” said Bijan Alizadeh, General Partner at Phoenix VC.
Phoenix VC’s motto is not to invest in some of the so-called “pump and dump projects.” Instead, the firm looks at blockchain startups through a “founder, technical, and business lens.” The idea is to analyze whether the market and technology fit.
Such ability to identify projects that add real value to the blockchain ecosystem has taken Phoenix VC to invest in Casper, Launch Pool, Paid Network, Fractal, Unido, Nodle, Ureeqa and Saito, to name a few. With its recent investment in Cryptonovae, the firm wants to help our founder build a successful business through mentoring and advising.
Mathieu Sicsic, CEO at Cryptonovae, believes that this is a crucial partnership that will help us reach a wider audience due to Phoenix VC’s market positioning. He maintains that the venture capital firm will give us access to the Middle East and Africa, where demand for crypto-related products and services is at an all-time high.
“Our all-in-one trading ecosystem stands apart from competitors. By tapping the Middle Eastern and African markets thanks to our partnership with Phoenix VC, we will have a privileged position to increase our user base,” said Sicsic.
About Phoenix VC
Phoenix VC is a leading venture capital firm focused on blockchain technology and market development in the Middle East and Africa. The company targets investments in seed, private and public rounds, and mostly looks for projects that add real value to the blockchain ecosystem.
Its vast portfolio of partners includes exchanges and asset transfer protocols, as well as stable coins, smart contract platforms, digital currencies, and utility tokens for high-growth industries.
Cryptonovae is a secure all-in-one trading ecosystem that helps users manage digital assets across multiple exchanges, regardless if they are decentralized or centralized markets. It offers a sophisticated trading experience through advanced features, packed in an intuitive interface, making it useful for traders of all skill levels.
Within the ecosystem, users can tap into the collective trading knowledge and access automated trading systems, signals, and trading tools through third-party providers and fully integrated with Cryptonovae. The YAE token is a central piece of the ecosystem, providing users with transaction fee waivers and rewards.
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Investing in YAE tokens involves the risk of a partial or total loss of the investment. There can be no assurance as to the liquidity of the tokens acquired during the offer, the existence of a secondary market for such tokens, the value of the tokens acquired during the offer, and the equivalent value of these tokens in foreign currency. The YAE tokens do not constitute financial instruments within the meaning of European regulations (MIFID) and do not confer any other rights than those described in our pitch deck and technical white paper. In addition, the regulatory framework applicable to the offer and to the tokens and the tax regime applicable to the holding of the tokens is not currently defined in certain jurisdictions.