Islamic Coin completes $200 million financing, with investment from ABO Digital

ChainCatcher news, according to Bitcoin.com, the Sharia-compliant cryptocurrency project Islamic Coin has announced the completion of a $200 million funding round from digital asset investment firm ABO Digital. So far, the total investment amount the project has received has reached $400 million.

In addition, Islamic Coin has also announced a partnership with UK-based DDCAP Group to develop several Web3 solutions for Islamic finance, stating that it is building a game-changing financial platform that combines the ethics and traditions of Islamic finance.

It is reported that Islamic Coin is built on its developed Haqq blockchain, aiming to strictly adhere to Islamic financial rules and traditions. (Source link)