Blockchain Australia partners with Sheesha Finance, a UAE-based DeFi mutual funds organisation, with the aim of commercialising DeFi ventures and helping DeFi markets gain international attention.
Blockchain Australia’s major goal has always been to revolutionise industries, economies, and in turn, the entire society, by offering creative solutions based on the disruptive technologies of blockchain and artificial intelligence. We design customised and optimised solutions for our consumers in the ever-growing blockchain industry and its multi-sector applications. We offer a wide variety of services, such as devising blockchain-based strategies, turning real-world assets like art, venture capital funds, and real estate into security token (STO) offerings, and delivering industry and company-specific blockchain solutions for startups and entrepreneurs, corporate teams, investors, and venture capitalists.
Our new partner, Sheesha Finance, is committed to creating a robust DeFi platform that is dependable, well-funded, and backed by a huge community. One of the most well-known DeFi mutual funds, Sheesha Finance, provides outstanding cryptocurrency portfolio diversification and rewards. They provide investors of all sizes, from little ticket holders to the large ones, with an endless supply of DeFi tokens from a diverse portfolio of projects. Their easily convertible assets can be leveraged to maximise benefits and gain exposure to existing and prospective DeFi ventures.
DeFi or decentralised finance is one of the most significant applications of blockchain technology. It is kind of a liaison between the centralised currencies and the decentralised cryptocurrencies, where traditional financial apps are developed on a small scale at a time with the help of a decentralised network and blockchain technology. Despite being an incredible invention, the current DeFi projects are unable to expand because of the lack of investment in them. That’s where Blockchain Australia and Sheesha Finance come in. Their combined effort will decentralise the business models of the DeFi incubation projects and also commercialise them for the global market. The alliance plans to begin with their Ethical DeFi initiative, Marhaba and then will move on to verticals like NFTs and cross-platform gaming.
Given the reputation and scope brought in by the two companies, the collaboration between Blockchain Australia and Sheesha Finance is exactly what the DeFi industry needs right now for its commercialisation and international exposure. While Sheesha Finance will ensure DeFi’s expansion in the MENA region, Blockchain Australia will secure the markets of the ANZ region, along with solidifying its position as a blockchain and crypto finance incubator in the MENA region by advancing and mentoring the best selection of ideas and projects. The Sheesha Team’s commercial acumen, paired with Blockchain Australia’s industry leadership in enterprise and crypto finance, will undoubtedly give rise to some tremendous innovations in the crypto world.
In the words of the CEO of Blockchain Australia, Ralph Kalsi,
“Sheesha Finance is a mix of a lot of flavours, with VC’s, advisors, and startup mentors from various verticals. We are excited and very hopeful from this partnership because this is a way to mutually benefit each other across markets and boundaries.”
This partnership is a huge step forward for expanding blockchain worldwide and bringing high-quality DeFi ventures for stakeholders.