Today, CasperLabs announced a partnership with Lead Ventures. The collaboration will expand CasperLabs’ footprint in the United Arab Emirates and bolster adoption of the Casper Network in the Middle East / North Africa region.
This partnership marks an important milestone for CasperLabs as it continues to grow internationally and engages with organizations and institutions seeking to transform their business operations and processes with the industry’s first proof-of-stake enterprise blockchain. With support from Lead Ventures, CasperLabs will enable government agencies, corporations, and other organizations in the UAE and beyond to unlock tremendous value by creating new markets, ensure greater security, decrease costs and provide liquid trading by digitizing existing assets and eliminating exchange friction.
The Casper Network recently launched to mainnet, and has already attracted a growing ecosystem of innovative Web3 firms, publicly traded companies, and developer organizations. With professional support and services from CasperLabs, this growing community is introducing a new standard for blockchain technology that can be quickly integrated, scaled, and deployed in any enterprise setting. Additionally, the Casper Association, the nonprofit entity that oversees the ongoing evolution and decentralization of the Casper Network, recently completed a landmark public sale for CSPR, Casper’s native token, raising a total of $33.5 million to further catalyze development on Casper.
"Lead is proud to have CasperLabs as a strategic partner in the region. We truly believe in their potential and look forward to the several success stories that we will be creating together in the near future," said Mohamed Al Banna, Group CEO of Lead Ventures.
“We are honored to align with Lead Ventures as a strategic partner in the UAE. Our relationship will enable CasperLabs to bring our novel proof-of-stake blockchain to a region that is known for its ingenuity and bold technological ambitions. This is just the beginning,” said CasperLabs CEO, Mrinal Manohar.
About Casper Network
Casper is a decentralized proof-of-stake blockchain network optimized for enterprise and developer adoption. The Casper Network is the first live blockchain built off the Correct-by-Construction (CBC) Casper specification, allowing the network to create sustainable new markets and unlock value by tokenizing nearly any asset without compromising performance or security. Activity on Casper is governed by "CSPR," the network’s native token. For more, please visit Casper.Network.
About CasperLabs
CasperLabs is the team behind the development of the Casper Network. It provides services and support for organizations of all sizes, from enterprise to startup. Guided by open source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure solution. For more, please visit CasperLabs.io.
About Lead Ventures
Lead are a team of professionals that form a strategic partnership platform, with a wealth of experience in multiple industries in the local and international scene, A group of entrepreneurs with a strong passion for business development and transformation, utilizing their knowledge and skills in guiding their business partners to discover their fullest potential in the UAE and MENA region. For more information, please visit Leadventures.ae.
© Press Release 2021
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