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The Luxury Group<\/strong> was founded in 2014 and provides a luxury lifestyle management service to its clients through its network of six offices around the world. It has diversified over time in several areas, such as banking or retail.<\/p>\n <\/p>\n The fundraising enabled by ICICB<\/strong> Group will allow The Luxury<\/strong> to finance various projects, including a crypto-currency point-of-sale system, an NFT marketplace, a job portal and a news magazine. The funds will also be used to complete the long-awaited Luxandia<\/strong>, a metaverse<\/strong> platform similar to Second Life and Decentraland, but dedicated to the luxury industry.<\/p>\n <\/p>\n For Catalin Dascalu<\/strong>, CEO of The Luxury<\/strong>, this fundraising is excellent news. “This investment from ICICB<\/strong> Group<\/strong> is proof that The Luxury<\/strong> provides the ecosystem that the luxury industry needs. We are confident that the launch of the Luxandia<\/strong> metaverse platform will generate enormous public interest and have a significant impact on the luxury industry<\/em>,” she said.<\/p>\n <\/p>\n The development of the Luxandia<\/strong> metaverse<\/strong> is focused on bringing real-world luxury into a virtual reality space of abundance that creates luxury shopping and experiences for individuals. Luxandia<\/strong> will feature a 3D luxury shopping mall, NFT auction houses and even a 3D virtual cinema. The Luxury<\/strong> promises many more experiences to come as the metaverse<\/strong> builds. It will be the first experience of its kind in the luxury industry, which will enter the 21st century with full force.<\/p>\n <\/p>\n The funding from ICICB Group<\/strong> is an important step in the development of Luxandia<\/strong>, marking the interest of management companies in this emerging sector of the luxury industry. As the metaverse<\/strong> is able to offer key benefits to companies in the sector and their clients, interest in the project is already very high only a few months before its launch.<\/p>\n <\/p>\n Read also > LEDGER COMPLETES NEW FUNDING ROUND<\/a><\/p>\n <\/p>\n Featured photo : \u00a9 Getty Images[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n The Luxury Group<\/strong> was founded in 2014 and provides a luxury lifestyle management service to its clients through its network of six offices around the world. It has diversified over time in several areas, such as banking or retail.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n<\/h4>\n
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Luxury Bank announced that a successful fundraising round has raised over $10 million for the benefit of The Luxury ecosystem. The funds were raised through an investment from Dubai-based ICICB Group, a company that promotes and finances luxury projects in sectors such as banking and real estate.<\/h4>\n
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