Tokenization Infrastructure
Share
Blockchain technology platform for the precious metals mining industry, Karuschain, announced recently that Herbert R. Sim, commonly known as "The Bitcoin Man", will be joining its team as an investor and advisor.
This news comes as a follow-up from Karuschain's previous announcement of a delay in its IEO launch in late October after the World Blockchain Summit in Dubai due to a high profile global blockchain investor coming aboard and supporting Karuschain in its global ambitions.
CEO of Karuschain, Richard Verkley says, "At Karuschain we pride ourselves on working with the best. It's how we've created a world-class blockchain implementation company, with a moral compass for the mining industry, with an incredible real-world valuable asset. This has been achieved quickly through partnering with the best of the best in the industry like MineRP, JPMC Mining Consulting and now by bringing Herbert aboard."
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
"We are pleased to have The Bitcoin Man himself coming in as a lead investor, and simultaneously as a key advisor. His years of experience in the blockchain and cryptocurrency industry will prove invaluable to Karuschain's global ambitions and help bring focus and a gateway to Asia, the world's largest gold market, creating tremendous value for both the company and investors alike."
"Karuschain's blockchain project is unlike the thousands of others in the industry I have seen thus far," said Herbert Sim, "The project brings together a complete supply chain solution for the precious metals mining industry utilising blockchain technology. It gives mining companies a powerful tool to safeguard human rights, at the same time, reduce risks and improve environmental regulations in their supply chain."
Editor's Picks

UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min

The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min

Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space

Metaplanet Launches Two Subsidiaries and Invests in Stablecoin Firm JPYC
News Desk
Mar 12, 2026
4 min

Investors Sue JPMorgan Over Alleged Role in $328M Cryptocurrency Fraud
News Desk
Mar 12, 2026
4 min

CBUAE Allows Case-by-Case Offshore Disaster Recovery for Banks
Walid Abou Zaki
Mar 12, 2026
4 min

Binance Sues Wall Street Journal Over Iran-Related Investigation Report
News Desk
Mar 12, 2026
2 min