- FINY Coin, a newly launched global cryptocurrency in the UAE, is set to revolutionize the payment industry in the coming years.
- The global cryptocurrency market reached a total capitalization of US$2.15 trillion in 2022, with expectations that global cryptocurrency business revenue will hit US$56.7 billion by the end of 2024.
- FINY Coin has released a total supply of 600 million coins.
- The FINY Ecosystem includes FINY Tech, FINY Travel, FINY Live Game, FINY Wallet, FINY Merchant, FINY Realty, FINY Card, FINY Coin, FINY Trade, FINY Crypto Bank, FINY NFT, and FINY Crypto Academy.
INFINITY Group, a forward-thinking, Dubai-based conglomerate, officially launched FINY Coin on August 25, 2024. This blockchain-powered cryptocurrency is designed to redefine the digital dollar by gradually replacing physical currencies. The launch aligns with the UAE Government’s vision for innovation and a digital economy, which is expected to fuel global economic growth.
Cryptocurrencies, digital assets utilizing blockchain technology, have seen a significant rise, with over 8,000 different currencies in circulation as of August 20, 2024, amounting to a market capitalization of US$2.15 trillion. The growing user base is projected to drive global cryptocurrency revenue to US$56.7 billion this year.
INFINITY Group, managed by a team of dynamic entrepreneurs, has a diverse portfolio that includes both cutting-edge digital technology businesses like blockchain and cryptocurrency, as well as traditional businesses such as real estate, cafes, salons, and event management. The group is led by Mr. Zia Hasan as Chairman, Mr. Ali Hasan as Vice Chairman, with Mr. Abdul Rahaman Bin Khalifa and Mr. Firoz Siddiqui serving as Managing Director and CEO, respectively. Atef Ramadan and Ali Al Jallaf also play key roles on the board.
“FINY Coin is a crucial part of our comprehensive FINY Ecosystem, offering a seamless digital payment solution,” said Mohammad Ariful Islam, CEO of FINY Ecosystem. “Initially, FINY Coin will facilitate transactions within INFINITY Group businesses, allowing users to purchase products and services using FINY Coin. Our property management consultants are available to assist those looking to buy real estate through FINY Coin payments.”
“FINY Coin is on track to become a globally recognized brand. We encourage international brands to partner with FINY Coin as we develop this brand further. Approved by governments in 108 countries, FINY Coin is already a global currency. We aim to collaborate with major retailers to integrate FINY Coin into their payment systems, allowing customers to pay via their crypto wallets.”
The official announcement was made at the FINY EXPO, held at the Armani Hotel, Burj Khalifa, Dubai, on Sunday, August 25, 2024. The event, a key moment in the cryptocurrency and innovation landscape, showcased the FINY Ecosystem’s range of services and products, which are set to transform the future of finance and technology by enabling smooth global transactions.
Participants at the FINY EXPO had the opportunity to explore the full potential of the FINY Ecosystem, network with industry leaders, and learn about the future of digital finance. The event highlighted FINY’s mission to make cryptocurrency a part of daily life, encouraging widespread adoption and establishing itself as a leading digital currency.
So far, 600 million FINY Coins have been released for global trading. At the launch, officials and experts predicted that FINY Coin would quickly rise to prominence among the world’s digital currencies.
Mr. Zia Hassan expressed his hope that more consumers and businesses will adopt this new digital currency, accelerating the shift towards a digital economy.
“As we transition towards a more digital economy, embracing digital currency and using blockchain-backed digital wallets will make our ecosystem more secure. At INFINITY Group, we have committed to using FINY Coin for all transactions, encouraging our business partners and customers to adopt digital currencies.”
Mr. Ali Hassan urged all stakeholders to embrace FINY Coin. “Before FINY Coin becomes the standard digital currency or the new ‘digital dollar,’ we encourage everyone to try it out, register, purchase it, and store it in your digital wallet for future transactions.”
FINY Coin is a crypto token issuer dedicated to creating a diverse and innovative ecosystem of blockchain-based applications and services. Each token issued by FINY Coin comes with its unique features and uses in the digital currency market, ranging from online shopping and gaming to entertainment and travel booking.
About INFINITY Group
INFINITY Group is a Dubai-based diversified business conglomerate with interests in cryptocurrency, blockchain, real estate, event management, salons, cafes, and electronics manufacturing. With operations in China, UAE, Algeria, Nepal, and other countries, INFINITY Group is an international business entity headquartered in Dubai.
Led by a group of young entrepreneurs with deep roots in the UAE, INFINITY Group draws inspiration from the visionary leadership of the UAE and aligns its activities with the country’s futuristic goals. The group’s portfolio includes both cutting-edge digital technology ventures, such as blockchain and cryptocurrency, and traditional businesses like real estate, cafes, salons, and event management.
Currently, INFINITY Group operates ten business verticals, with plans to add two more in the coming years.
About FINY Coin
FINY Coin is a crypto token issuer focused on creating a versatile and innovative ecosystem of blockchain-based applications and services. Each COIN issued by FINY Coin offers unique features and functions, adding value in the digital currency market.
FINY Coin is the native token of the FINY Coin network, a platform providing various services and products such as online shopping, gaming, entertainment, and more. FINY Coin can be used for purchasing goods and services within the network or exchanged for other cryptocurrencies.
Additionally, FINY Coin can be used for booking travel packages, referring friends, leaving reviews, and accessing other services within the FINY Coin network.
Web: https://finycoin.com/
Email: [email protected]
Corporate Office: 805, Park Place Tower Sheikh Zayed Road, Dubai
