UAEC Receives $30 Million Strategic Investment from Dena Trust to Jointly Build a New Digital Wealth Technology Ecosystem
TL;DR
UAEC and Dena Trust announced a strategic partnership with a $30 million investment to enhance AI trading, digital wealth management, and global payment systems, aiming to improve services for high-net-worth and institutional clients.
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On January 13, UAEC, a global digital asset financial services platform, and Dena Trust, Inc. jointly announced a strategic partnership, with Dena Trust having completed a $30 million strategic investment in UAEC.
It is understood that this round of funding will primarily support UAEC's technological research and development and ecosystem improvement in core business areas such as upgrading its AI quantitative trading engine, building a digital wealth management system, and developing a global payment network. Both parties stated that this collaboration aims to combine professional capital and technological capabilities to jointly explore innovative solutions in the field of digital wealth management, providing high-net-worth clients and institutional users with a more efficient and secure service experience.