VEROBLOCK.io, a company founded by investment group WOOD & Co., and Igor Pauer, a blockchain and cryptocurrency expert, launched its first cryptocurrency product, SuperFrank (CHFP).
SuperFrank has also obtained official listings on two global cryptocurrency exchanges – P2PB2B.com and Coinsbit.io and is set to revolutionise the cryptocurrency market in the MENA region, the company claims.
The listings mark a remarkable milestone for SuperFrank as it strives to gain widespread global accessibility and usage, underscoring its ambitious aim of attracting a substantial international user base. By combining the potential of blockchain technology and cryptocurrencies with the stability, growth potential, and demonstrated value growth of the conventional commercial real estate market, SuperFrank is slated to cause a stir in the MENA’s evolving cryptocurrency market. The product is expected to satisfy the demands of a range of investors, from institutional customers to cryptocurrency enthusiasts.
With the sixth-largest cryptocurrency economy worldwide, the MENA region is the fastest growing crypto market in the world. Between July 2022 and June 2023, the MENA’s crypto market obtained an estimated USD 389.8 billion in on-chain value, which accounts for about 7.2 per cent of the global transaction volume during the analysed period.
Owing to this growth combined with progressive regulatory approaches, the region has positioned itself as a global hub that continues to draw in more cryptocurrency exchanges and businesses from across the world, thereby underscoring the significance of SuperFrank’s debut into the MENA market.
SuperFrank is a cryptocurrency with a tangible fair value derived from its underlying assets and is fully backed by the Swiss franc and premium commercial real estate. SuperFrank was created with the goal of blending the advantages of traditional fiat money with the flexibility of the cryptocurrency and blockchain industries.
The crypto scored ten out of ten in an independent audit conducted by the well-known Hacken.io for smart contract security, demonstrating its commitment to higher levels of safety and transparency. As part of its ambitious future plans, SuperFrank (CHFP) aims to forge strategic collaborations with various prominent players in both the cryptocurrency industry and traditional business sectors.
Also published on Medium.
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