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why is the term Cold Storage important to discuss?
Regal RA DMCC, subsidiary of Regal Assets Inc., an internationally renowned gold investment company, and the Middle East’s first company to have been issued a Crypto trading license, launched today a “deep cold storage” solution for investors and traders. For the first time, crypto-commodities owners can now store their Bitcoin, Ethereum and other altcoins in a vault located in Almas Tower, Dubai – the headquarters of DMCC, the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities.
The vault at DMCC is one of the most secure precious metal facilities in the world and will store all Regal Assets’ crypto investments in the physical form – without connection to a network – alongside the company’s’ current stock of physical gold. All the physical devices are fully insured for the crypto-commodities market value against theft, hacking or natural disaster.
“At the heart of DMCC’s long term strategic growth plan is the use of technology and innovation to disrupt and connect new markets, industries and customers. The announcement today embodies this approach and will no doubt come as good news to the international cryptocurrency market,” said
Ahmed Bin Sulayem, Executive Chairman, DMCC.
Check this
https://www.dmcc.ae/news/worlds-fir...rypto-commodities-launched-regal-assets-dubai
Regal RA DMCC, subsidiary of Regal Assets Inc., an internationally renowned gold investment company, and the Middle East’s first company to have been issued a Crypto trading license, launched today a “deep cold storage” solution for investors and traders. For the first time, crypto-commodities owners can now store their Bitcoin, Ethereum and other altcoins in a vault located in Almas Tower, Dubai – the headquarters of DMCC, the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities.
The vault at DMCC is one of the most secure precious metal facilities in the world and will store all Regal Assets’ crypto investments in the physical form – without connection to a network – alongside the company’s’ current stock of physical gold. All the physical devices are fully insured for the crypto-commodities market value against theft, hacking or natural disaster.
“At the heart of DMCC’s long term strategic growth plan is the use of technology and innovation to disrupt and connect new markets, industries and customers. The announcement today embodies this approach and will no doubt come as good news to the international cryptocurrency market,” said
Ahmed Bin Sulayem, Executive Chairman, DMCC.
Check this
https://www.dmcc.ae/news/worlds-fir...rypto-commodities-launched-regal-assets-dubai
