Europe’s cryptocurrency investment app SwissBorg enters the UAE

Europe’s cryptocurrency investment app SwissBorg enters the UAE

SwissBorg, Europe’s cryptocurrency wealth management app, has announced its launch in the UAE.

The app’s formula for mass adoption is two-fold — simplicity and automation — to help anyone regardless of age or skills, become a community member, a statement said.

The application is said to provide a welcoming environment for first-time crypto investors, offering a wide range of services for novice to advanced users. Users can start investing in three simple steps — upload their personal information and proof of identity, which is completely automated, make a deposit with their credit card or cryptos and they can then start investing.

The company has entered into a partnership with Crypto Oasis in the UAE and is also currently raising funds in the region for a strategic round focusing on short to long-term value creation. It is said to be the first company to give complete transparency on proof of assets and proof of liabilities trackable at any time in real-time using blockchain technology, creating new norms to restore trust among centralised exchanges. The platform also offers a live dashboard with key analytics to understand the business activity.

Anthony Lesoismier, co-founder and chief strategy officer at SwissBorg, commented: “We see cryptocurrencies as a serious investment,