TAIPEI, Taiwan & DUBAI, United Arab Emirates--(BUSINESS WIRE)--#Decentralization--As part of MAS Capital and MAS Capital Universal Exchange’s (MASEx) One Belt One Road initiative to connect China to the United Arab Emirates and other countries in Asia, Gawah Holdings, a conglomerate based in the United Arab Emirates, acquired an equity stake in MASEx. Gawah Holdings and MASEx are also forming a joint venture to obtain the applicable licensing once onshore regulation is passed in the UAE and in the Kingdom of Saudi Arabia (KSA).
MASEx plans to tokenize and list prime real estate in the UAE through Digital Security Offerings (DSO) to enable access by Asian and Chinese investors for fractionalized secondary trading. Currently DSO is not allowed in Mainland China, but it is legal in Hong Kong, Taipei, and many other jurisdictions. MASEx prohibits US investors from using its platform for regulatory reasons.
Gawah Holdings, with its flagship subsidiary GCC Royals, has a three-member founding team of shareholders coming from business, banking and sovereign entity related backgrounds. They are led by Muhammad Nawaz Khan Jadoon, who has a long history of real estate development in the UAE and Southeast Asia, along with related conventional financing, and who decided early on to begin investigation into the tokenization space.
With that in mind, the team has taken and continues to acquire strategic ownership in various entities related to the blockchain space with the vision to create a full-service, vertically-integrated business from development to alternative capital markets finance.
Gawah Holdings’ team decided to form a strategic UAE joint venture with MASEx in late 2019. Aaron Tsai, Founder and Chief Capitalist of MAS Capital and MASEx, first met Gawah Holdings Chairman Nawaz in 2019 at the 10th Global Family Office Investment Summit in Dubai. He has been invited again by Sir Anthony Ritossa to attend the Word’s No. 1 Family Office Conference on October 5 to 7, 2020 in Riyadh, KSA, which will host representatives from Offices with a combined US$4.5 trillion in resources.
Mr. Tsai delivered a number of first keynote speeches at the World Blockchain STO Summit in 2019 in Dubai twice, and in Mauritius. He will deliver another first keynote speech in Singapore on June 17 to 18, 2020. Additional keynote speeches were delivered by Mr. Tsai in Hong Kong, Tokyo, Seoul, and Bangkok.
Mr. Tsai is spearheading the global STO industry with his first STO keynote speech delivered at the Security Token Summit on April 8, 2019 in Los Angles. The video Age of Tokenization – Decentralization vs. Regulation was played before Mr. Tsai’s speech, along with the global media release, “MASEx Founder Aaron Tsai Calls for Urgent Decentralization and Regulation of STOs.”
Contacts
Sting Lin Email: [email protected]
International Manager
MASEx and MAS Capital Group