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WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES ... · WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES LAUNCHED BY REGAL ASSETS IN DUBAI All forms of crypto-commodities

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Page 1: WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES ... · WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES LAUNCHED BY REGAL ASSETS IN DUBAI All forms of crypto-commodities

WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES LAUNCHED BY REGAL ASSETS IN DUBAI All forms of crypto-commodities can now be stored offline in Dubai with insurance 13 FEBRUARY 2018

Regal RA DMCC, subsidiary of Regal Assets inc, an internationally renowned gold investment company, and the Middle East’s first company to have been issued a Crypto trading license, launched today a “deep cold storage” solution for investors and traders. For the first time, crypto-commodities owners can now store their Bitcoin, Ethereum and other altcoins in a vault located in Almas Tower, Dubai – the headquarters of DMCC, the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. The vault at DMCC is one of the most secure precious metal facilities in the world and will store all Regal Assets’ crypto investments in the physical form – without connection to a network – alongside the company’s’ current stock of physical gold. All the physical devices are fully insured for the crypto-commodities market value against theft, hacking or natural disaster. “At the heart of DMCC’s long term strategic growth plan is the use of technology and innovation to disrupt and connect new markets, industries and customers. The announcement today embodies this approach and will no doubt come as good news to the international cryptocurrency market,” said Ahmed Bin Sulayem, Executive Chairman, DMCC. “We have developed what we believe is the number one most secure way of investing in Bitcoin, Ethereum and other crypto-commodities”, said Tyler Gallagher, CEO of Regal Assets DMCC. “Investors worldwide are now seeing the potential in cryptos, but they are reluctant to store large amounts of coins in online wallets and exchanges due to the high risk of hacking, identity theft, malware and other issues that can literally obliterate an investment.” The Regal Assets security process involves generating offline blocks, using the specific crypto-commodity’s blockchain derived algorithm. The key is then printed offline within the secured environment on a specialized wallet and placed in deep cold storage in the DMCC vault. Investors can purchase additional coins, or sell, at any time they wish. DMCC was named ‘Global Free Zone of the Year’ 2017 by The Financial Times fDi Magazine, for the third year running and serves as a global marketplace for commodities to drive trade flows

Page 2: WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES ... · WORLD’S FIRST DEEP COLD STORAGE FOR CRYPTO-COMMODITIES LAUNCHED BY REGAL ASSETS IN DUBAI All forms of crypto-commodities

through Dubai. As a DMCC licensed company, Regal Assets DMCC operates in a secure regulated trading environment and offers a service to global investors to the highest standards of international compliance. "DMCC is the only Free Zone in the Middle East to have a government-issued license to trade in crypto-commodities and offers unparalleled full market value insurance on such investments,” said Gerhard Schubert, Chairman of the Board for Regal Assets DMCC. “We are delighted to make this bold step forward to engage with the crypto-commodity industry and offer all those operating within it a safe and secure environment for their investment,” he added. About DMCC

Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighbourhoods with world-class property like Jumeirah Lakes Towers and the much anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future. www.dmcc.ae About Regal Assets DMCC

Since its inception, Regal Assets has handled hundreds of millions in alternative asset purchases for private wealth and institutional clients all over the US. With a 5 star out of 5 star customer service review Regal Assets has earned a preferred membership status with the Better Business Bureau and TrustLink. Regal Assets was ranked No. 20 in the United States for financial services landing Regal Assets on the Inc. Magazine 500 List, an exclusive ranking of the nation’s fastest-growing private companies. As an industry leader Regal Assets has attracted the support and business of prominent figures and celebrities including Dennis Miller, Laura Ingraham and Lars Larson. Regal Assets has been featured in Forbes, Smart Money, Market Watch, Reuters, The Street and Hollywood Reporter. Mr. Gallagher, CEO of the company, has also been the gold expert on “The News with Ed Shultz” which can be seen on the television network RT.