Startup nealthy’s strategic move to Dubai signals Web3’s growing global influence

Startup nealthy’s strategic move to Dubai signals Web3’s growing global influence

The blockchain, crypto and NFT industries have experienced exponential growth in recent years, revolutionising decentralised systems, transparency, and efficiency

By Shagun Sharma Published: Mon 12 Jun 2023, 1:15 AM

Web3 startup nealthy has announced that it is now headquartered in Dubai. The 'high-flying' project is focusing on helping individuals invest in the digital asset space through indices. This strategic decision demonstrates Dubai's commitment to becoming a global hub for innovation, blockchain technology and forward-thinking solutions. It also highlights the growing influence of Web3 and the immense potential it holds for transforming traditional financial systems.

The blockchain, crypto and NFT industries have experienced exponential growth in recent years, revolutionising decentralised systems, transparency, and efficiency. With NFT marketplaces attracting a staggering 100 million unique monthly visitors in the past year alone, it is clear that there is a substantial demand for digital asset investment opportunities. However, many potential investors still face barriers when it comes to navigating the rapidly evolving Web3 landscape.

This is where nealthy steps in, offering index tokens that mirror the structure of traditional exchange-traded funds (ETFs). By leveraging on-chain vaults to store multiple digital assets, building diversified portfolios and issuing underlying indicator tokens, nealthy simplifies the investment process and opens doors to