Jibrel new financing platform tokenizes shares of 6 startups in MENA

Jibrel new financing platform tokenizes shares of 6 startups in MENA

Jibrel new financing platform tokenizes shares of 6 startups in MENA

Jibrel, a blockchain-based financial technology company have successfully tokenized shares belonging to the following 6 startups and SMEs. The startups include, Arabot.io: The first intelligent Arabic bot to help businesses improve customer’s experience and deliver an enjoyable journey using Arabot’s conversational A.I. platform, SmartCrowd.ae: The MENA region’s first regulated digital platform for real estate investments through crowdfunding, Maqsam.com: The most cost-effective cloud telephony solution for SMEs and remote teams across the MENA region, Mindrocketsinc.com: A company on a mission to make the web accessible for 80% of the world’s Deaf Community who cannot read or write, Kaderapp.com: A mobile-based marketplace that connects job seekers with businesses in the service sector at a click of a button, and Blockchain insurtech startup Addenda.tech. Addenda had announced this week that it had raised additional fuding

Tokenization is the process of converting rights to an asset into a digital token that sits on the blockchain. Using digital securities, companies can access and manage a global investor pool, all while ensuring they remain fully compliant to relevant regulation and legislation. “Jibrel’s tech-enabled financing platform improves accessibility while ensuring investor protection through legally enforceable digital equities,” commented Talal Tabbaa, the company’s co-founder and COO. “Allowing ventures to digitize their equity allows them to compliantly approach global investors, while simultaneously providing the tools to manage this larger investor base more effectively.”

Founded in 2017, Jibrel has rapidly developed its technological and operational capabilities in the MENA region as well as internationally. Along with leading law firm Eversheds Sutherland, Jibrel has created a framework to allow companies to digitize their shares seamlessly and affordably. This framework is implemented in the company’s flagship product, Jibrel.com, a fully-regulated private financing and equity management platform. To deliver this solution, Jibrel is working under the regulatory supervision of the Abu Dhabi Global Market Financial Services Regulatory Authority (‘FSRA’).

Jibrel’s new private financing platform is launching in several stages over the coming months. Jibrel had announced that it would be launching the private financing platform back in September of 2019. For thos interested in tokenizing their shares to raise funds they can apply atjibrel.com/en/raise

 

. To get on the list to invest in one of our startups, sign up and complete KYC at jibrel.com/en/invest 

Source: Jibrel network press release
Home

Copyrights © 2020 The Unlock Company DMCC

Stay updated with the latest Blockchain news. Subscribe and never miss a story!