World's First Halal DeFi Ecosystem MRHB DeFi Receives Strategic
Investment from NewTribe Capital
Melbourne, Australia, Sep 29, 2021 -- The world’s first halal decentralized finance (DeFi)
ecosystem MRHB DeFi has received a strategic investment from NewTribe Capital, a Venture
Capital Private Equity Group.
This marks the seventh institutional investment in the DeFi ecosystem startup, following strategic
investments from DeFi Mutual Fund Sheesha Finance, Dubai-based angel innovation
investors Acreditus Partners and EMGS Group, the French Systems Integration company
operating in the Middle East since 2003, to name a few.
NewTribe Capital: A Bold Investment Approach
With an ideology to ‘Invest in People’, NewTribe Capital takes a bold stance in their approach to
investing - they back only the projects they feel add value to the blockchain ecosystem.
“Our philosophy is successful because we invest in relationships, not deals,” says Dhaval
Parikh, Partner at NewTribe Capital. “Deals are simply transactions. We build exceptional
relationships with companies that last, collaborating on projects with conviction.”
Investing in the first ethical, inclusive and faith-based MRHB DeFi ecosystem platform aligns with
NewTribe’s company ethos and strategic goals. As an early investor and supporter, NewTribe
recognizes both the vision and the long-term market potential of the faith-based DeFi pioneer.
Besides investment funds, which will support the continuing technology development and growth
of MRHB DeFi, NewTribe Capital will also offer network and cross marketing support for the DeFi
“We’re excited about collaborating with the highly successful NewTribe Capital team who share
our long term visions for ethical DeFi. This relationship creates additional opportunities and
industry connections that will drive more value for our community members. NewTribe has a
proven track record of helping their partners succeed, and we are delighted to welcome them
amongst other strategic stakeholders in our ambitious j