UAE Royals Buy 15% Stake In a Unique Crypto coin Tracker, Crypto Price Index
Royals of the United Arab Emirates have bought 15% stake in Crypto Price Index (CPI) project. This innovative project helps users keep track of the top 200 digital currencies in terms of market capitalization.
The CPI Index, along with its own token, the CPI Coin, gives an insight into the trading account of leading blockchain projects. Founders of the CPI project say that they will democratize accessibility to crypto assets by permitting non-technical users to gain exposure to the wider cryptocurrency market.
CEO of Crypto Price Index, Herbert Law, greeted his Highness Sheikh Abdullah Bin Rashed Al Sharqi as well as His Excellency Khalfan Saeed Khalfan Al Mazrouei into the board, and gave a statement,
“I feel what we have is amazing event which has happened by forming this partnership with the Royal Family. Our CPI project now has one of the more powerful platforms ever we created in the crypto industry.”
CPI project has chosen ICO Launch Malta to be their technical partners, as the CPI platform is built on the ICO Launch Malta Defi Product Stack. CPI has appointed ZBX as their exchange partner for the launch, at the end of this year.
CEO of ICO Launch Malta, Jan Sammut, said:
“We are thrilled to be part of the CPI project, who’s ethos is congruent with our objective to democratize the financial industry by disintermediating it to a purely trustless P2P market.”
CPI has reached across multiple crypto-assets; this is among the first solutions that will help investors evaluate the virtual currency markets by calling an API or interpreting the CPI blockchain in place of separately analyzing the whole market manually.