Bitget crypto exchange to distribute 100,000 meals during Ramadan

Bitget crypto exchange to distribute 100,000 meals during Ramadan

Bitget, one of the biggest global cryptocurrency exchanges and a Web3 company, has partnered with world-renowned humanitarian organizations, including the UN Refugee Agency, UN World Food Program, ShareTheMeal, and the One Billion Meals Endowment, to distribute 100,000 meals to individuals in need during Ramadan. This initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate hunger during the holy month.

Each meal, costing an average of $0.80, will support families and individuals during the holy month. The effort is strengthened by contributions from the Bitget community, emphasizing collective action and compassion. Bitget has introduced initiatives encouraging participation from users, VIP clients, and influencer partners.

A series of Iftar dinners will be hosted in key locations, including Dubai and Istanbul, fostering unity and philanthropy. Attendees can contribute through donations, with Bitget matching each dollar raised. Exclusive auctions featuring memorabilia from partnerships with La Liga will direct all proceeds toward the cause, 100% of the proceeds will go towards the fundraiser.

“Ramadan is a time for generosity and unity,” said Vugar Usi Zade, COO of Bitget. “By leveraging our global network, we aim to create meaningful impact in communities facing adversity. This initiative aligns with our mission to drive positive change through collaborative efforts.”
The campaign, featuring the 10,000-meal pledge from Bitget, donation matching, and exclusive auctions, will be supported by local teams organizing community engagement events. It is set to launch on the first day of Ramadan, in alignment with the Islamic calendar.

Aquanow and Hubpay partner for crypto convergence payments in UAE

Aquanow and Hubpay partner for crypto convergence payments in UAE

Hubpay, a UAE cross-border payments platform, has partnered with UAE regulated Aquanow, a global digital asset infrastructure provider, to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs. This collaboration will allow businesses across various sectors – including real estate, manufacturing, and general trading to accept cryptocurrency payments securely and seamlessly alongside traditional fiat transactions.

Aquanow ME regulated by Dubai’s Virtual Asset Regulatory Authority (“VARA”), and Hubpay also regulated by the Financial Service Regulatory Authority (“FSRA”), in the Abu Dhabi Global Market (“ADGM”) will lpartner Hubpay’s platform powered by Aquanow can offer regulated crypto payments for UAE businesses globally.

By integrating Aquanow’s digital asset infrastructure with Hubpay’s regulated payment network, both local and global users can seamlessly transact in cryptocurrencies within a familiar payments environment.

Speaking to Lara on the Block, spokesperson for HubPay explained, ” Crypto can be exchanged to fiat via Over the counter crypto exchanges or migrated to respective crypto wallets and transferred into USDT or fiat. This integration adds crypto as a payment mode, like credit card, debit card under VARA stipulated regulations via tradfi payment interface.”

Speaking on the partnership, Kevin Kilty, CEO and Founder of Hubpay stated “We are thrilled to partner with Aquanow to launch the UAE’s first fully regulated crypto payment gateway for businesses. Stablecoins are a game-changer, combining the security of traditional currencies with the speed of digital assets. By integrating Aquanow’s infrastructure with our regulated network, we’re empowering businesses to transact seamlessly in both fiat and crypto—advancing the UAE’s agenda to drive economic diversification, foster fintech innovation, and position itself as a global hub for digital assets.”

“We’re excited to collaborate with Hubpay to bring real-world utility to digital assets in the MENA region,” said Phil Sham, CEO of Aquanow. “Cryptocurrency is no longer just an investment tool. It’s a practical, efficient means of conducting high-value transactions. By integrating our technology with Hubpay’s regulated payments framework, we are removing friction from large-scale transactions for buyers, sellers, and investors alike.”

Both partners believe that real estate and SME sector will benefit the most from this partnership.

Arab Financial Services and Ternoa also to offer crypto payments in UAE

The Aquanow Hubpay announcement comes days after Arab Financial Services (AFS), regulated by the Central Bank of Bahrain and Egypt, also holding a retail payment license in the UAE partnered with Ternoa Blockchain to launch stablecoin and crypto payments across POS ( Point of Service) counters for UAE merchants.

UAE SCA grants Bybit in principle crypto exchange license

UAE SCA grants Bybit in principle crypto exchange license

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has received its second in principle license approval in the UAE from The Securities and Commodities Authority in the UAE. This is its second in principle license approval as it has previously received one from Dubai’s Virtual Asset Regulatory Authority (VARA).

The in principle approval (IPA) will allow Bybit to set up a virtual asset platform operation within the UAE. Bybit is also in the final steps to receive its fully operational license soon. This milestone marks a significant step in Bybit’s ongoing mission to provide a secure, stable, and compliant platform for crypto traders in the region.

As per the press release, this IPA underscores the crypto exchange’s commitment to upholding the highest regulatory and compliance standards as it works toward full operational approval from the SCA. This authorization moves the exchange closer to offering a broad range of digital asset services to both retail and institutional clients in the UAE.

Ben Zhou, Co-founder and CEO of Bybit, commented on this milestone, “We are honored to have received the IPA from SCA. This approval marks a crucial step in our journey to providing secure and transparent crypto trading solutions. Bybit remains dedicated to working hand-in-hand with regulators to foster a compliant and innovative digital asset ecosystem to both retail and institutional investors in the UAE.”

Beyond UAE, crypto exchange continues to secure regulatory approvals worldwide, expanding its presence in key jurisdictions such as India, Georgia, Kazakhstan, Turkey, etc, further reinforcing its regulatory commitment. These licenses enable Bybit to expand its reach while maintaining the highest security and compliance standards for its users worldwide.

This in principle license comes days after Bybit was hacked for $1.4 billion dollars.

Qatar Ministry of Labor to use blockchain for authenticating labor contract certificates

Qatar Ministry of Labor to use blockchain for authenticating labor contract certificates

The Qatar Ministry of Labor and the Qatar Research, Development and Innovation (QRDI) Council signed an agreement during the Web Summit 2025, to develop a blockchain-based system for verifying the authenticity of certificates and documents in the labor contract authentication service, on the sidelines of the Qatar Web Summit.

The Ministry of Labor (MoL) and the QRDI Council will work to enhance certificate authentication through blockchain technology. This initiative aims to streamline and secure the credential verification process, marking a significant step in Qatar’s digital transformation. This agreement paves the way for a more efficient, secure, and innovative approach to certificate authentication in Qatar’s labor sector.

Qatar Research, Development and Innovation (QRDI) Council was established in 2018, representing a new milestone in Qatar’s research, development and innovation (RDI) agenda. The Council’s first mission was to develop a national strategy that would optimize RDI activities and help realize the country’s overarching goals and ambitions.

Qatar had previously issued both its permission based DLT framework as well as its digital assets framework in an effort to meet the digitization strategy and 2030 vision for innovation.

Since then more than 29 entities have joined the Digital Assets Lab in Qatar Financial Center.

UAE based Mantra Token is on the rise despite bearish conditions

UAE based Mantra Token is on the rise despite bearish conditions

The Mantra Layer 1 blockchain network dedicated to the issuance, trading, and secure management of tokenized real-world assets (RWAs) has seen a significant rise in the price of its token despite bearish crypto conditions in the past week.

Mantra token is currently listed on 36 exchanges including Binance, Bybit, Gateio, Bitget, OKX, Kucoin and others.

The journey of Mantra has been a promising one. It not only raised $11 million led by UAE based Shorooq Partners with investors including Three-point capital, Forte Securities, VirtuZone, Hex Trust and GameFi Ventures, but it also became the first VASP to receive first DeFi license from Dubai’s Virtual Assets Regulator Authority (VARA).

The core aim of Mantra is to position itself at the forefront of the rapidly evolving RWA sector in Middle East and Asia.

MANTRA CEO John Patrick Mullin stated, “Our vision is to spearhead the tokenization of Real-World Assets and set a global standard for security, compliance, and innovation. This will create a sustainable ecosystem for developers and institutions. By securing our foothold in strategic, crypto-friendly markets like Asia and the UAE, we’re not just navigating the future but actively building it. MANTRA will bridge the longstanding divide between traditional financial systems and the blockchain space, democratizing access to wealth and opportunity on a scale never seen before.”

It has already started with an agreement with UAE DAMAC group to tokenized $1 billion worth of assets. Soon afterwards launched RWAccelerator – a start-up accelerator program designed to empower builders and startups with investment capital, mentors, dedicated AI support supported by Google Cloud.

Already Bitget Wallet, a Web3 non-custodial wallet, is now fully supporting the UAE based Mantra Mainnet, a Layer 1 blockchain focused on the tokenization of real-world assets (RWA), UAE Tungsten Custody Solutions Ltd, also announced its support for UAE MANTRA (OM) Blockchain with its custodial services. While Ledger, crypto wallet hardware provider, joined UAE based Mantra Layer1 Blockchain as one of the validators.

As such it is no surprise that the native token of Mantra, OM, is on the rise and is currently trading at $8.04, reflecting an 8% increase in less than two weeks. Even today while the crypto ecosystem is taking a hit, Mantra’s price has not budged at$8.46, with a 24-hour trading volume of $340.03 M. OM is +0.00% in the last 24 hours. The OM token has a circulating supply of 973.65 M OM.

UAE regulated Tungsten Custodian receives SOC2 Type 2 certification

UAE regulated Tungsten Custodian receives SOC2 Type 2 certification

UAE regulated Tungsten Custody Solutions Ltd, a leading regulated digital asset custodian, has successfully retained its SOC 2 Type 2 certification with an Unqualified Opinion from Ernst & Young, one of the world’s leading professional services firms.

As per the announcement the achievement underscores Tungsten’s commitment to the highest standards of security, compliance, and risk management in safeguarding digital assets. The recognition of retaining SOC2 Type 2 builds on the 2024 Continuity Insurance and Risk Global Category shortlisting of Tungsten Custody Solutions in November 2024 and also Tungsten’s ISO27001:2022 accreditation, which has also been retained following successful surveillance assessment in December 2024.

The SOC 2 Type 2 certification is a globally recognized audit standard developed by the American Institute of Certified Public Accountants that evaluates an organization’s controls over security, availability, processing integrity, confidentiality, and privacy. Achieving this certification with an “Unqualified Opinion.” This is the highest level of assurance that demonstrates that Tungsten has implemented and maintained industry-leading security and compliance controls without exception.

Jose J. Perez Aguinaga, SEO of Tungsten, commented, “As a regulated custodian, security and risk management are at the core of everything we do. Retaining SOC 2 Type 2 with an Unqualified Opinion from EY is a testament to our unwavering commitment to providing our clients with the highest level of security and operational excellence in digital asset custody. This milestone reinforces our position as a trusted partner for institutions navigating the digital asset landscape.”

Rushikesh Shreshtha, Chief Information Security Officer (CISO) of Tungsten, added, “Security is the foundation of digital asset custody, and achieving SOC 2 Type 2 certification confirms our ability to meet the strictest security and compliance standards. Our team has worked diligently to establish best-in-class security protocols, risk management frameworks, and operational resilience. This certification is not just a milestone, it’s a reflection of our ongoing commitment to securing digital assets in an evolving threat landscape.”

The achievement further strengthens Tungsten’s reputation as a secure and compliant custody provider, ensuring institutional clients, asset managers, and enterprises can rely on its best-in-class infrastructure for safeguarding their digital assets.

Powered by Qatar Central Bank, QFC launches its metaverse

Powered by Qatar Central Bank, QFC launches its metaverse

The Qatar Financial Centre (QFC) during the Web Summit event launched the QFC metaverse powered by Qatar Central Bank. The QFC metaverse builds on the success of the Digital Assets Lab and is designed to serve as an immersive digital platform for business engagement, collaboration and innovation.

QFC firms will be able to showcase their achievements, interact with global partners, and explore business opportunities. It will also act as a hub for virtual workshops, training sessions, and expert led discussion. Financial institutions, corporates, fintech firms, and startups will have the opportunity to connect, share insights, and drive innovation in an increasingly digitized world.

Addressing a press conference to announce the launch of QFC Metaverse, QFC CEO Yousuf Mohamed Al Jaida emphasized the significance of the initiative. He explained, “We see the QFC Metaverse as a gateway to the future of finance, a space where borders fade, partnerships flourish, and ideas can grow beyond what we thought possible. Through this platform, we will build a financial district and fintech hub that can easily be accessed by anyone from anywhere in the world.”

Al Jaida further highlighted that the QFC Metaverse is a core element of Qatar’s broader vision to drive digital transformation in the financial sector. “By harnessing emerging technologies, we are driving economic growth, fostering innovation, and laying strong foundations for thriving financial and digital sectors, positioning Qatar as a leader in these domains,” he added.

In a LinkedIn post, Aditya Kumar SinhaAditya Kumar Sinha, Head of Fintech and Digital Innovation at QFC noted, “We are proud to share that at Web Summit Qatar 2025, the Qatar Financial Centre (QFC) Authority officially launched the QFC Metaverse—a game-changing virtual platform designed to transform business engagement, collaboration, and innovation. He added that whether you’re an entrepreneur, investor, or innovator, the QFC Metaverse offers endless opportunities to collaborate and thrive.

DavosWeb3 Roundtable succeeded in bringing together blockchain Pioneers

DavosWeb3 Roundtable succeeded in bringing together blockchain Pioneers

The DavosWeb3 Roundtable successfully concluded its inaugural gathering in the heart of Davos, where 100 of the brightest minds in Web3 converged to shape the future of decentralized technologies. The event acted as a launchpad for visionary collaborations, groundbreaking insights, and tangible commitments toward building a more inclusive and innovative global ecosystem.

From seasoned blockchain pioneers to emerging Web3 entrepreneurs, delegates engaged in deep discussions on scalability, tokenomics, interoperability, decentralized finance (DeFi), and the evolving role of Web3 in driving economic transformation worldwide. By combining structured networking sessions and interactive roundtables, the roundtable created unprecedented opportunities for participants to forge meaningful connections and partnerships.

Four dynamic roundtables addressed core themes pivotal to the future of decentralization:
Roundtable 1: “Forget Slogans, Can Crypto Coexist with Fiat?”
Thought Leaders: Vikram R Singh, Bibin Babu, Himanshu Gulathi, Olav Chen
This roundtable explored how crypto and fiat could feasibly integrate to bolster financial inclusion, stability, and consumer trust.
Roundtable 2: “Web3 Stops Discussing ‘Use Cases’ During Bull Markets?”
Thought Leaders: Jan Camenisch, John Shipman, Yat Siu, Sandy Carter
Thought Leaders examined the cyclical tendency of the Web3 community to overlook real-world use cases when the market surges, emphasizing the importance of consistent innovation and user adoption beyond speculative hype.
Roundtable 3: “Is Bitcoin Living Up to Satoshi Nakamoto’s Vision?”
Thought Leaders: Aly Madhavji, Kapil Dhiman, Patrick B, Punith B
Experts assessed Bitcoin’s evolution—its core principle of decentralization, security, and trustlessness—while debating how the original vision continues to influence new protocols and financial models.
Roundtable 4: “What Trumponomics Could Mean to Cryptonomics?”
Thought Leaders: Harshal Madnani, Dayakar Reddy, Itay Azaraty, William Bao Bean
A forward-looking discussion on how macroeconomic policies and political shifts might interact with the rapidly evolving crypto landscape, including possible regulatory considerations.
Signing of the Davos Declaration

A highlight of the roundtable was the signing of the Davos Declaration, a pledge and charter affirming the Web3 community’s commitment to innovation, inclusion, sustainability, and integrity. Global Web3 leaders united under this historic document, underscoring a shared vision to nurture responsible growth across decentralized ecosystems.

Founding members of DavosWeb3 unveiled a visionary whitepaper titled “Ushering a New Billion into the Global System: The Next Frontier.” It proposes actionable strategies to accelerate global adoption of decentralized technologies and drive economic inclusion. Copies of the whitepaper will be distributed to media outlets, universities, trade bodies, and industry associations worldwide. To request a copy, please email: contact@davosweb3.com

The event organizers extended their heartfelt thanks to all sponsors, patrons, and delegates who made this landmark event possible. Leading Web3 organizations powering this Roundtable included: Antier, Aptos, DroomDroom, Ecotrader, Flex Ecosystem, Internet Computer (ICP), Kandola Network, OmniFlix, Paycio, Pertin-ant, Quranium, Reflexical, RhinoSpider, Social888, Surge, Syscoin, Unstoppable Domains, Xade Finance, Xai Games.


“The Web3 revolution is here, and DavosWeb3 Roundtable is more than just an event—it’s a movement,” said Ajeet Khurana, founding member of DavosWeb3. “By gathering the most influential minds in Web3, we have collectively charted a course for a future shaped by inclusion, innovation, and integrity.”

The community formed at the Roundtable will continue to collaborate on projects, partnerships, and educational efforts aimed at ushering in the next wave of decentralized solutions. Future events are already being planned to sustain the momentum generated in Davos.


For more information, or to be part of the continuing DavosWeb3 initiatives, please contact: contact@davosweb3.com

UAE Tokinvest partners with DSG Group in New Zealand to tokenize racehorses

UAE Tokinvest partners with DSG Group in New Zealand to tokenize racehorses

UAE regulated Tokinvest, a marketplace for real-world asset tokenization, and DSG Group, a New Zealand-based blockchain powered tokenization platform, have partnered to advance tokenized investment opportunities unlocking new asset classes and provide investors with access to exclusive, high-value investments.

Under the agreement, Tokinvest and DSG will work together to develop tokenized investment opportunities across multiple sectors, with an initial focus on tokenized racehorses, stables, and siring rights. Traditionally, racehorse ownership has been limited to wealthy investors or syndicates, but this partnership aims to change that by providing a regulated, secure and transparent framework for fractional ownership.

Racehorse investment has historically been an exclusive market, accessible only to high-net-worth individuals or small syndicates. By leveraging blockchain technology, Tokinvest and DSG are introducing a new level of accessibility, allowing investors to participate in this otherwise illiquid asset class. Tokenisation offers security in ownership rights, simplifies asset management, and enhances liquidity by making fractional shares of racehorses transferable.

Ryan Johnson-Hunt, Co-Founder & CEO of DSG Group, commented, “At DSG, we are committed to transforming capital markets through blockchain. Our partnership with Tokinvest is a natural step forward in building a global network for tokenized assets. Racehorse ownership is just the beginning – together, we’re unlocking new asset classes and expanding access to investment opportunities that were previously out of reach for most investors.”

The agreement will bring together DSG’s expertise in tokenization-as-a-service, combined with Tokinvest’s marketplace for fractional asset ownership, will accelerate the adoption of digital securities across multiple jurisdictions. Both companies will work closely with local regulators and strive for high standards of regulatory compliance.

Scott Thiel, CEO & Co-Founder of Tokinvest, added, “We believe blockchain technology has the power to break down barriers in investment markets. Partnering with DSG allows us to expand our offering and bring new, exciting investment opportunities to our community. Tokenizing racehorses is just the beginning – together, we are laying the groundwork for a broader tokenized asset ecosystem.”

DSG Group recently partnered with Evolution Stables to tokenize racehorse ownership via digital syndication. This initiative, conducted under the supervision of New Zealand Thoroughbred Racing (NZTR), showcases how blockchain technology can introduce transparency, liquidity, and accessibility to traditionally exclusive asset classes. By enabling fractional ownership of high-value assets like racehorses, DSG is paving the way for similar tokenization models across other alternative investments, reinforcing the potential of blockchain-powered capital markets.

Tokinvest Continues to partner with global players

This is not the first partnership, Tokinvest, partnered recently with HKVAX, a crypto asset trading platform to transform the global digital asset markets by linking Hong Kong’s established financial infrastructure with Dubai’s rapidly expanding virtual asset ecosystem.

In addition Tokinvest, and InvestaX, a tokenization platform based in Singapore, also partnered to enhance global accessibility to asset-backed and rights-linked virtual assets.

Cryptoverse Warsaw will step into the future of Blockchain and crypto

Cryptoverse Warsaw will step into the future of Blockchain and crypto

Cryotoverse Warsaw has announced its upcoming conference on May 21-22, in WarSaw Poland. The organizers will step into the Future of Blockchain & Crypto.
The Cryptoverse Warsaw Conference is a meeting place of innovation, technology and vision with more than 80+ world class speakers that include the COO of BlackRock Rob Goldstein, Paolo Ardoino, CTO of Tether and Bitfinex, Cathie Wood, CEO of Ark Invest, Tim Draper, Founder of Draper Associates, Gavin Wood, Founder of Polkadot, Jeremy Allaire, CEO of Circle, John Wi President of Avalanche, and Raul Pal CEO of Real Vision among many others.

More than 2,000 professional will converge to discuss Blockchain’s Future and global trends, tokenization of real world assets, AI’s role in cryptocurrency and various other topics.

Cryptoverse is one of the biggest blockchain and crypto conferences in Europe which commenced in 2021.