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Tuesday, 21 March 2023 15:48

DexCoyote - a rising star in the venture capital market

Zephyrnet.com Zephyrnet.com press materials

In the past, DexCoyote, a legal entity, was registered in Delaware, United States, and lacked a centralized headquarters, with the majority of its employees choosing to remain anonymous. However, the company is now intending to shift its registration to the United Arab Emirates and establish a developer headquarters in Baku.

 As Zephyrnet.com says, on March 14 CEO Lama Group inc. (Legal entity of the DexCoyote.com project) – Kirill Sagitov, published information about the company’s relocation to the United Arab Emirates, which caused a wave of interest among the company’s shareholders and investors.

In the semi-annual report, DexCoyote Investors noted an influx of 130,000 new users, over 16,000 mobile app downloads, 11,000 token holders, and 25,000 investor transactions.

Kirill Sagitov himself thanked the team and investors for the successful launch and well-coordinated work within the project and later announced a number of global updates.

If earlier DexCoyote served as a hub for creating tokens and conducting their IDO, now the company plans to create an entire cryptocurrency ecosystem that can increase user coverage to 40,000,000 users by 2025.