UAE RDK Group invests in Solana Prime Blockchain

UAE RDK Group invests in SolanaPrime as one of its venture capital partners. According to a medium post this marks the company’s first blockchain investment.

SolanaPrime is a Solana-powered, fully decentralized IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi and Metaverse dApps to launch on the Solana ecosystem, either as a direct token participation in the IDO or an indirect exposure to SolanaPrime in its entirety.

Mr. Mohammed Rashed Al Ketbi, Director of UAE RDK group is also SolanaPrime's new venture Capital Advisor. Mr. Al Ketbi will utilize his knowledge of the MENA region to promote the Solana based launchpad.

Al Kutbi state, “We see huge potential in SolanaPrime and the Solana ecosystem as a whole. This is our first investment in the blockchain industry and we are looking forward to the exciting DeFi projects that SolanaPrime will incubate and help reach new heights. We will be there to offer our expertise on the GCC economic region and help promote the project.”

In 2018 UAE RDK Group, which works in property sector had carried out a blockchain POC with Darico Blockchain startup.