July 18, 2024

DTT Group secures a $10Mln Series-A Funding for DTT Coins

Facebook
Twitter
LinkedIn

DTT Group, a globally regulated and globally recognized financial leader with over 20 years of track record in the brokerage and fintech space, recently announced that it has positively raised up to $10 million in a Series A funding round for its cryptocurrency exchange, DTTcoins.

With its mission to advance the global crypto landscape and its vision of creating blockchain solutions to empower the crypto community, the investment funding will be put towards DTTcoins’  global expansion plans as well as towards research and development to further enhance client solutions and develop new products.

Walid Ead, DTT Group Managing Partner

Walid Ead, DTT Group Managing Partner commented regarding this occasion stating: “The tremendous interest of our investors underscores their faith in DTTcoins and its parent company, DTT Group. With the initial funding and DTT Group’s experience, DTTcoins is poised to become one of the leading players in the crypto industry and decentralized finance.”

Ead added: “For the past year, we have worked diligently to develop a crypto exchange that appeals to institutional traders as well as individual investors, which we meticulously designed based on traders’ experience. We aim to help them tackle all the challenges they have faced in the past with other crypto exchanges.”

Board Advisor, Michael Mirarchi, commented: “A recent market study conducted by DTT Group identified the top three concerns crypto traders have when choosing their crypto exchange: fund security, reliable and knowledgeable customer support, and competitive pricing.”

Mr. Mirarchi affirmed stating: “DTTcoins addresses all of these concerns and we believe this is what sets it apart from its competitors. DTTcoins is part of DTT Group, a globally regulated broker and a trusted partner to more than 30,000 traders; which means our clients get the value-added benefits of a global institution with a solid legacy in technology and brokerage services, in addition, to more than 100 employees across 11 worldwide offices, our clients receive exceptionally dedicated customer support from DTT Group’s multilingual, in-country teams. Finally, with DTTcoins Aggregator platform, and institutional-grade execution, DTTcoins clients receive deep liquidity with unmatched low slippage.”

DTT Group stated that it had its soft launch in Dubai in March 2022 to massive critical success and has been crowned the ‘Best Crypto Platform 2022’ by affluent traders and industry experts.

DTTcoins was highly praised for its state-of-the-art trading platform as well as its unique aggregator system, which produces the best buy and sells prices at any given time, with unprecedented low slippage.

Source

Share.

RELATED POSTS

Finshape and arab national bank (anb) agreement signing event. Image Courtesy -Finshape
Finshape inks agreement with Arab National Bank (anb)
Saxo Bank announces its official designation as SIFI
Saxo Bank announces its official designation as SIFI
Bahrain FinTech Bay partners with MSA Novo
Bahrain FinTech Bay partners with MSA Novo
  • logo banner warba
  • Mutual Trust Bank Plc
  • Ahli United Bank

LATEST POSTS

The business landscape is going through continuous change, which means that there are constantly new challenges arising in HR. This blog entails on few of the major challenges arising in 2024
Representational Image
ACCA announces the addition of new Emirati members to its Members’ Advisory Committee with a government-led goal of achieving a 10% increase in Emiratisation of the skilled workforce by 2026
CyberKnight announces VAD partnership with Forescout for META. CyberKnight to offer complete asset intelligence and control across IT, OT, and IoT to Forescout.