Emirates NBD, a prominent bank under the ownership of the Dubai government, has taken a significant step in the financial technology landscape by launching a cryptocurrency trading service through its digital banking subsidiary, Liv. The new service, which is accessible via the Liv X app, marks a pivotal moment in the bank's strategy to enhance its offerings in the rapidly evolving digital currency space.
In collaboration with Aquanow, a licensed crypto asset service provider, this initiative empowers users to engage with cryptocurrencies seamlessly. Customers can now buy, hold, and sell a variety of digital currencies, providing a user-friendly platform for those looking to venture into the world of cryptocurrencies.
This collaboration not only positions Emirates NBD as a forward-thinking institution but also reflects Dubai's ambitious vision to become a global hub for digital finance and innovation. As the interest in digital currencies continues to grow among retail and institutional investors alike, Emirates NBD is poised to attract a broader audience to its banking services while embracing the future of finance..