DexCoyote, a rising star in the venture capital market, has published a semi-annual report, revealed figures and announced a move to the UAE.

Previously, the legal entity DexCoyote was registered in the United States, Delaware and did not have a centralized headquarters, most of the employees remained anonymous. Now the company plans to change its registration to the United Arab Emirates and set up a headquarters for developers in Baku.

March 14 CEO Lama Group inc. (Legal entity of the 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.