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.