23:47:05 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Orthogonal Global Group Inc
Symbol OGG
Shares Issued 122,920,145
Close 2024-01-24 C$ 0.12
Market Cap C$ 14,750,417
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Orthogonal Global to focus on Dubai for Q1 2024

2024-01-24 11:25 ET - News Release

Mr. David Nikzad reports

ORTHOGONAL GLOBAL GROUP EMBARKS ON GLOBAL EXPANSION WITH DUBAI AS KEY STRATEGIC HUB IN Q1 2024

Orthogonal Global Group Inc. has expanded into Dubai to identify investment opportunities and to provide accelerator and advisory services to companies and entrepreneurs in the Web 3.0, AI (artificial intelligence) and tech sectors.

Orthogonal plans to expand its operations to Dubai, recognizing the city as a strategic gateway to global markets and the epicentre of the tokenization market -- a market which Citi estimated to grow to $42-trillion by 2030. This decision aligns with the company's vision of becoming a preeminent accelerator of companies leading the tokenization of real world assets and to give access to these otherwise private companies and projects in a public vehicle which provides liquidity and transparency. The intent to establish a presence in Dubai underscores Orthogonal's commitment to fostering international collaborations, enhancing its global reach, and actively accelerating the top companies engaged in groundbreaking industries.

Maintaining its focus on developing a utopian asset class (UAC) portfolio -- a portfolio which provides investor returns and which collectively bends the arc of humanity toward a utopian society through accelerating and investing in the top companies and projects in emerging industries -- Orthogonal emphasizes the significance of responsible and impactful investments. Q1 2024 will continue to reflect the company's commitment to empowering individuals and contributing positively to society through its investment portfolio.

"We're starting this quarter by focusing on expanding our business," said David Nikzad, chief executive officer and co-founder of Orthogonal. "Dubai is the epicentre of innovation and tokenization right now and our goal is to cultivate our recent connections to enhance our foundation where technology is best being embraced."

Orthogonal has also launched its comprehensive acceleration and advisory services business to support companies operating in Web 3.0, AI (artificial intelligence), longevity and tech. With a deep understanding of these industries, Orthogonal is positioned to offer expertise in business strategy, go-to-market strategy development, partnership formation and marketing solutions. This strategic move reaffirms Orthogonal's commitment to helping businesses thrive in the ever-evolving digital landscape. By leveraging the knowledge and experience of its management team and advisory board, Orthogonal will help organizations navigate the complexities of these transformative sectors. The company looks forward to collaborating with visionary businesses in these sectors to drive innovation and growth.

"As an early investor and adviser of Y Combinator companies, and an early investor in over 80 companies in the Web 3.0 and tokenization sphere, I have served as a sounding board, connector and strategist to help entrepreneurs launch and monetize their businesses," stated Mr. Nikzad. "We have assembled a first-class team at Orthogonal to take our extensive experience and learnings to empower and guide fellow innovators on their journey to success."

About Orthogonal Global Group Inc.

Orthogonal Global Group is a global accelerator and public investment platform focused on accelerating and investing in the top companies and projects in groundbreaking industries. Orthogonal provides access to these groundbreaking companies and private projects in a public investment vehicle with liquidity and transparency.

We seek Safe Harbor.

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