Bahraini startup allows sukuk ownership for $1,000 on a blockchain-based platform
- Date: 16-Sep-2021
- Source: Salaam Gateway
- Sector:Technology
- Country:Bahrain
Bahraini startup allows sukuk ownership for $1,000 on a blockchain-based platform
Published 13 Sep,2021 via Arab News - Economy DUBAI - Bahraini wealth technology startup Inablr is building a blockchain-based investment platform for clients who want to own bonds and sukuk with as little as $1,000 initial investment.
The startup will use the Tezos blockchain to develop the infrastructure of the platform, backed by the regulatory sandbox program of the Bahraini central bank. Tezos is a blockchain network that executes peer-to-peer transactions.
Inablr plans to launch the platform in 2022 in Bahrain, and scale to other markets in the Gulf and the wider Middle East.
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