Liv Bank, a division of Emirates NBD, has begun offering its clients the ability to purchase, hold, and sell cryptocurrencies through the Liv X app.
A New Phase for Liv Bank
Since March 5, Liv users in the United Arab Emirates have gained access to trading crypto assets via the Liv X app, thanks to a partnership with licensed provider Aquanow.
Key Cryptocurrencies and Partnership with Aquanow
Liv customers can trade cryptocurrencies like Bitcoin, Ether, Solana, XRP, and Cardano. This was made possible through collaboration with Aquanow, ensuring secure exchange of digital assets. Aquanow CEO Phil Sham emphasized the importance of this collaboration for the digital economy.
Support from Zodia Custody and Crypto Prospects in UAE
Cryptocurrency custody services are provided by Zodia Custody, which received a strategic investment from Emirates NBD. Emirates NBD’s retail banking head, Marwan Hadi, highlighted the group’s commitment to leading in innovations to keep up with the country's growing crypto adoption.
This is a developing story, and further information will be added as it becomes available.