Russian Arte Exchange, crypto company for commodity assets has set up shop in the Dubai World Trade Center Authority in Dubai UAE. As per the Gulf News article, Arte Exchange have received a license for trading crypto goods, Arte ExChange is a blockchain and crypto company founded by the Russian entrepreneurs, Valery Kudryashov and Alexander Rusanov. Their mission is to create a unique platform that will simplify the re-registration of all types of property, including real estate, yachts, cars, watches and jewellery.
Valery Kudryashov, in turn, clarified that transactions are formalized through the creation of exclusive NFT tokens, while the uniqueness of the technology itself is confirmed by the patent office.
Victoria Mercadante who assisted in the company registration process at every stage noted that “Arteex Change is the first company to receive a DWTC free zone license to trade crypto commodities.”