UAE Phoenix Group, a Web3 holding firm heavily invested in crypto mining and blockchain ventures, confirms its acquisition of Phoenix Technology Solutions B.V. for over $577,074. The move aims to bolster the company’s European market presence and enhance direct marketing channels. The acquired Amsterdam-based company specializes in wholesale computer, peripheral, and software distribution. UAE Phoenix Group previously made significant investments in Bitcoin mining hardware and strategic ventures like Lyvely and M2 crypto exchange.
UAE Phoenix Group Grows Exposure In Europe With $577,074 Acquisition
