INFINITY Group, a Dubai-based future focused diversified group of companies, has launched FINY COIN, a blockchain-enabled cryptocurrency that is set to improve the new digital dollar by replacing physical currencies in the future.
The launch of FINY COIN is in line with the UAE Government’s vision for innovation and digital economy that aims to drive the growth of the global economy in the future.
As of August 20, 2024, more than 8,000 cryptocurrencies are in the market, representing a $2.15 trillion market capitalisation. The rapidly increasing number of users will drive the global cryptocurrency market revenue to $56.7 billion this year.
It is headed by Mr. Zia Hasan, Chairman and Mr. Ali Hasan, Vice Chairman, while Mr Abdul Rahaman Bin Khalifa and Mr Firoz Siddiqui serve as the group’s Managing Director and CEO, respectively, along with Atef Ramadan as Board of Director and Ali Al Jallaf as Member of Board.
Mohammad Ariful Islam, CEO of FINY Ecosystem said that, “FINY COIN is part of an entire FINY Ecosystem which involves an end-to-end digital payment solution. Initially, FINY Coin will be used for transactions and payments within the INFINITY Group businesses. So users can buy FINY Coin from us and make payment for the products and services from INFINITY Group. The users who have intention of purchasing property from INFINIX INFINITY property, our property management brokerage consultants will guide you through the payment process of using FINY COIN.”
“FINY aims to become a global brand. I take this opportunity to invite the global brands to collaborate with FINY Coin in this brand development. FINY Coin has been approved by governments of 108 countries so far which makes it a global currency. We are planning to collaborate with majority of the retailers and we will approach them to add FINY COIN on their payment getaway or points of sale (POS) machines so that people can make payments through their crypto wallet,” Mohammad Ariful Islam added.
