DNB Invests $30 Million in AurumX (ARX) as Project Expands Toward the Middle East
Oslo / Stockholm — AurumX (ARX) has secured a $30 million investment from DNB, marking a significant milestone for the project as it accelerates its international expansion, according to sources familiar with the development.
The investment is intended to support AurumX’s ongoing growth strategy, with a particular focus on expanding operations and partnerships into the Middle East. The project has reportedly been in discussions with several financial institutions in the region, as interest from Middle Eastern banks continues to increase.
AurumX is positioning itself as a cross-border financial and digital asset infrastructure project, aiming to bridge traditional banking systems with emerging financial technologies. Industry observers note that the Middle East has become an increasingly attractive market due to its rapid adoption of fintech solutions, regulatory sandboxes, and growing institutional interest in digital assets.
As AurumX continues its expansion, the company is expected to focus on regulatory alignment, institutional-grade infrastructure, and strategic banking partnerships to support adoption across multiple regions.
Selinite (SLNT) Surges Past $600M as Middle East & China Investors Spark Global Hype
in a stunning display of global investor enthusiasm, Selinite (SLNT) — a relatively obscure DeFi-linked token — has captured the attention of major institutional backers in the Middle East and China, fueling a powerful rally that pushed its market capitalization above the $600 million mark this week.
Sovereign investment vehicles and family offices across the UAE, Saudi Arabia, and Qatar reportedly deployed large capital allocations into SLNT over the past month.
Simultaneously, a wave of crypto funds and high-net-worth alliances in China began accumulating the token ahead of planned protocol upgrades and media events.
This influx of capital sparked a rapid price ascent, with trading volumes swelling as retail investors joined the momentum.
Airdrop Bonanza
Once the market cap breached the $600 million threshold, the Selinite protocol — according to its community governance proposal — initiated a wide-scale airdrop to all existing SLNT holders, designed to reward long-term believers and incentivize ecosystem participation.