MBS Global Investments to Develop Blockchain Hub in Maldives
- MBS Global Investments plans to invest $8.8 billion.
- The investment will span over five years.
- The project aims to establish a blockchain and digital asset hub.
- Located in the Maldives, the initiative seeks economic diversification.
- The Maldives’ economy currently relies on fishing and tourism.
MBS Global Investments, based in Dubai, is set to invest $8.8 billion over five years to develop a blockchain and digital asset hub in the Maldives, aiming to diversify its economy beyond fishing and tourism.
Source (2.6)https://news.bitcoin.com/8-8-billion-blockchain-hub-a-game-changer-for-maldives-economy/?rand=52384