Jibrel unveils private financing platform

Saudi finance ministry warns against cryptocurrencies

Jibrel Network, which was recently accepted into the Abu Dhabi Global Market RegLab program, has launched its private blockchain-based financing platform, Jibrel.com. The Swiss start-up, which was involved in Al Hilal Bank’s blockchain Sukuk in 2018, is building its business on tokenizing assets. It is understood that in the next phase of the company’s growth, it intends to integrate its financing and alternative investment platforms with an alternative trading system to facilitate secondary trading of private tokenized equities.

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