š“ Maldives: From Honeymoons to Hash Rates? šø
The Maldives might soon be known less for sunsets and more for smart contracts! A Dubai-based family office, MBS Global Investments, is pledging $8.8 billion to build a blockchain-powered financial hub in the island nationāmore than the country's entire GDP.
Faced with mounting debt and a need to diversify beyond tourism, the Maldives plans to launch the Maldives International Financial Centreāa massive 830,000 sq.m. project aimed at becoming a global crypto hotspot, generating 16,000 jobs.
Backed by Qatari royal Sheikh Nayef bin Eid Al Thani, this bold move could transform paradise into a fintech powerhouse. Risky? Yes. Visionary? Also yes.
From bikinis to blockchaināMaldives is betting big on the future. šļøš
#Investment