Seed Group partners with 2bminer.com to strengthen the UAE’s crypto market ecosystem

Seed Group partners with 2bminer.com to strengthen the UAE’s crypto market ecosystem

DUBAI, UAE and PRAGUE /PRNewswire/ -- Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has entered into a strategic partnership with Prague-based 2bminer.com, a crypto mining company that offers flexible plans to investors to buy, host, and sell mining equipment at world-class facilities and get the highest return on their investment.

As part of the agreement, Seed Group will help 2bminer.com expand its operations in the Emirates and the wider Middle East, reach the right audience, access top decision-makers in the government as well as private sectors, and market their crypto mining products and services effectively in the region. The fintech company, on the other hand, will focus on transforming the crypto mining market of the UAE by providing the best machines, technical support, and global hosting centres to make the minting of cryptocurrencies easier and more profitable.

According to a recent study conducted by Chainalysis, after Turkey and Lebanon, the UAE's crypto market is the third-largest in the Middle East with a transaction volume of about $26 billion. The data showed the market grew by an incredible 1,500% in 2020-21 over the previous financial year, attracting some of the world's biggest crypto companies to