Swedish company Brave New World Investments is aiming at establishing an open economy by tapping into the potential of the Bitcoin cryptocurrency.
As part of its strategy to penetrate into politically problematic markets, it has established a business model for investments on the Iranian market. Essentially, the firm accepts cryptocurrency and converts it to Iranian Real which can then be invested through the Tehran Stock Exchange.
Brave New World Investments relies solely on Bitcoin for its operations. Its target clients include European investors, Bitcoin community members and Persian business angels with an interest in Iranian stocks. In order to make equity investment transactions quicker and smoother, Brave New World operates with an Iranian bank account.
According to the company’s website, the enterprise possesses all regulatory clearance documentation and complies with anti-money laundering directives.
The investment opportunity offered by Brave New World is expected to appeal to investors in the current environment of less severe economic sanctions on Iran.