180 Capital is a Fintech Company based in the Middle East. The firm came about after the incorporation of other firms that include Centroid solutions, Amana Capital, and 514 capital solutions. The three firms amalgamated their operations in 2017 and formed 180 capital.
Capitalizing On Blockchain Technology
180 Capital has launched a blockchain-focused brand called “180 Digital Assets”. The product goal is to capitalize on the disruptive blockchain technology for uses that are beyond the transactions in cryptocurrencies that include trading, commerce, and finance. Blockchain has the potential to innovate many industries and it is expected to generate more than $10m worth of opportunities by 2027 and impact more than 10% of the global economy.
Hadi Labalanto who is the firms CEO who will head the expansion in the blockchain industry. The recently appointed CEO has more than 20 years of technology experience and the firm expects that his leadership will lead the firm to a profitable future.
In 2016 Hadi was part of the team that helped build the EMEA business of Otonomos platform that allows firms to incorporate on the blockchain. He was also a participant of the Dubai future Accelerators and FCA Regulatory Sandbox. The CEO has advocated for the disruptive potential of the blockchain technology.
180 Capital hopes to take a leading role in bringing the advantages of blockchain technology to global clients in both retail and wholesale markets. Additionally, the new brand is set to attract attention from both the private and public sectors who wish to benefit from the superior characteristics of the blockchain technology.
Unifying Three Businesses
Amana capital is an online trading specialist providing its institutional and retail clients with direct access to global financial markets. The firm also manages Trade captain, which is a global financial news and research portal.
The new platform comes at a time when Amanas capital announced the launch of CFDs cryptocurrency trading on its MetaTrader 5 platform. This is in line with the firm’s mission in offering its traders a wide variety of financial instruments and providing a fully-fledged trading experience. The firm clients will be able to trade Bitcoin, Litecoin, Ethereum, and Ripple plus other additional cryptocurrencies that will be added in the future.
Centroid Solutions is a financial technology firm that services FX brokers. The company operations are based on three main pillars including advanced technology, constant research, and optimized risk management.
Recently it announced that it has launched a portfolio of upgraded risk management solutions that are fully compatible with the MetaTrader 5 platform. The solutions are designed to help brokers efficiently navigate the fast-paced capital markets.
514 Capital Partners is an asset management firm that uses a quantitative approach to investment management. The company comes up with systematic trading strategies to pinpoint and exploit trends in major global financial markets. The firm manages 514 Fund that is a market-beating fund with a short-term bias.
The uniting of the three entities has led to the expansion of the activities provided by 180 Capital. It has also broadened the customer base and has led to more growth due to business synergies and the leveraging of resources and competencies