The tokenized real-world assets sector has surged over the last few years and is expected to grow to a staggering $16 trillion market by 2030. To guide us in navigating through this market, Alex Malkov, co-founder of Islamic Coin, talks about this industry and the latest Islamic Coin updates in an interview with Coin Edition. […]
The post HAQQ Network Bridges Frontier Technology with the Ethical Principles of Islam appeared first on Coin Edition.
The tokenized real-world assets sector has surged over the last few years and is expected to grow to a staggering $16 trillion market by 2030. To guide us in navigating through this market, Alex Malkov, co-founder of Islamic Coin, talks about this industry and the latest Islamic Coin updates in an interview with Coin Edition.
1. In 2023, the HAQQ Network and its native cryptocurrency, Islamic Coin (ISLM), emerged as the most prominent L1 blockchain bringing Islamic Finance to web3. Now it’s making a great comeback announcing the coming launch of its gold-backed token. Could you share how this token integrates with Islamic financial principles and what unique advantages it offers over traditional gold investments?
Currently, opportunities for traditional gold investment are lagging behind the rampant demand for the asset. As investors suffer from geopolitical turbulence, extreme market volatility, and strong inflationary pressures, they begin flying to safety. This has resulted in new all-time highs for the price of gold this year. Moreover, gold-linked ETFs come at the cost of superfluous management expense ratios or inclusion into coveted financial markets. Our to…
The post HAQQ Network Bridges Frontier Technology with the Ethical Principles of Islam appeared first on Coin Edition.
