Dubai-based investment firm Kjoller Holdings has acquired a $4 million stake in Omax Coin (Token: OMAX) from one of its early investors – Syed Sameer Ali, founder of India-based Sameer Group, which has interests in real estate, e-commerce & cryptocurrencies.
OMAX is a community-driven token developed by a team of crypto enthusiasts & investors spread across the world launched on 3rd of November 2021 on the Binance network with the intention to have its own blockchain to educate the next generation of investors and make crypto simple and safe for everyone.
Kjoller, a Dubai-based investment firm with investments exceeding $150 million in various sectors, start-ups & established companies in the Middle East, South Asia & Europe has forayed into the cryptocurrency industry with its $4 million buyout of OMAX held by Syed Sameer Ali, an early investor in the Omax Coin project.
Syed Sameer Ali is the founder of India-based Sameer Group which primarily focuses on investments in real estate, e-commerce & cryptocurrency projects.
“OMAX is one of the fastest growing projects which is moving from BEP20 to their own network (blockchain OMX20) which is also a EVM compatible. OMAX mainnet is scheduled to launch by the end of July 2022.” Sameer Group’s founder Syed Sameer Ali said.