This article translated what I wrote in japanese into English. Although it may be unclear by the expression of English, if you read this article you can grasp the image of ADK(Aidos Kuneen)
What is Badoer Capital?
“Badoer Capital”, which came out of ADK founder Don on February 18, 2020, is a company established by ADK to conduct banking business in Dubai. He applied for a banking license with the Dubai International Financial Center (DIFC).
One of the directors is head of Emirates NBD wealth managment
Badoer Capital seems to have three directors, one of which is head of Emirates NBD wealth managment.
Bank license has up to Step 5
The Dubai International Financial Center (DIFC) has bank licenses from Step 1 to Step 5. It seems that you can set up a bank from the license in Step 3 and accept deposits.
ADK first applied for a license for Step1.
Jointly operated with a Singapore bank
Until ADK’s Dubai Bank “Bader Capital” acquires a commercial bank license, it appears that the ADK will be sold as a leveraged investment product in a joint operation with a bank in Singapore.
Selling ADK leveraged investment products to wealthy customers
ADK’s Dubai Bank, “Badoer Capital”, appears to have signed an agreement with Singaporean banking clients to guide their wealthy to investment projects. And it is said that the wealthy will invest about $ 100- $ 150 million!
Of course, not all 100-150 million dollars will be invested in ADK, but the good news is that ADK will be sold to the wealthy as an investment product.