On March 2, 2023, SkyBridge Capital, a prominent alternative investment business, and Al Maskari Holding, the privately-owned holding company of the Al Maskari portfolio, announced a strategic, long-term collaboration with Casper Labs, a market leader in corporate blockchain software and services.
SkyBridge Capital and Al Maskari Holding will help Casper Labs and the wider Casper community in the Middle East and North Africa (MENA) region with business development, investor relations, and marketing services. In addition, the firms are acquiring warrants to become Casper Labs' shareholders.
Nabyl Al Maskari, Executive Chairman of Al Maskari Holding, stated, "Casper Labs has demonstrated a commitment to facilitating blockchain adoption within public and private sector organizations." He added, "We believe that the company is well positioned to develop these applications and that the UAE market, with its proven track record as an early adopter of emerging technologies, will be a key launching pad for it."
(Source – Cision PR Newswire)
Al Maskari Holding, SkyBridge Capital, and Casper Labs will attend the Investopia SALT 2023 investment conference in Abu Dhabi today. SALT, a worldwide thought leadership and networking forum linked with SkyBridge, and Investopia, an investment platform founded by the UAE Ministry of Commerce and the Abu Dhabi Department of Economic Development, are co-hosting the event.
Besides, in January 2023, Casper Labs released its 'Status of Enterprise Blockchain Adoption' report. In a survey of over 500 C-suite executives from large corporations in the US, UK, and China, the company found that 87% of respondents were planning blockchain technology investments by 2023.
About SkyBridge Capital
SkyBridge Capital is a global alternative investment manager and investment adviser registered with Securities and Exchange Commission (SEC). The company invests in hedge funds, digital assets, private equity, and real estate. SkyBridge Alternatives Conference (SALT), organized by SkyBridge, is a significant event hosted in the United States and the Middle East.