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Dubai Based Businessman Pledges Largest Bitcoin Investment Till Date

Khurram Shroff, a Dubai-based businessman, recently divulged that he has pledged 100k BTC (worth over 4 Billion USD), to set up the Miami 2.0 Blockchain Strategy Foundation.

It is to be noted that the pledge originates after IBC Group was approached by United States-based Burkhan World Investment to upsurge the espousal of blockchain technology in real estate projects in Miami.

The chairman of Dubai’s IBC Group, Khurram Shroff, who is the poster child of blockchain technology in the Middle East, mentioned he has pledged a hundred thousand BTC (present value of over four billion USD) to set up the Miami 2.0 Blockchain Strategy Foundation and other associated joint venture projects.

Shroff added that he hoped his backing of Miami 2.0 Blockchain Strategy could turbo-charge use of the cryptocurrency, which is estimated to transact $200 billion per day by the end of 2021.
The pledge by IBC group, the biggest in the history of BTC, will be substantial in enabling the virtual asset’s espousal across numerous businesses and serious in assisting Miami’s visualization to fit in Bitcoin in everyday transactions.

Shroff said,

“Making the largest Bitcoin investment in history is proof of our commitment to assisting cities adopt blockchain, which we see as the key to enabling widespread adoption.”

Shroff mentioned that he is of the opinion that Miami can align itself with Dubai, which is also at the vanguard of blockchain technology espousal, and become the 1st city to entirely run on blockchain in the United States.

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