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Tokenize Xchange leaves Singapore and seeks license in UAE

Tokenize Xchange leaves Singapore and seeks license in UAE

Crypto exchange platform Tokenize Xchange which was operating from Singapore announced that it will discontinue these operations and lay off the 15 employees in the country, and is currently seeking a license in the UAE through Abu Dhabi ADGM.

The exchange was not provided with a digital payment token license by the Monetary Authority of Singapore (MAS) under the Singapore’s Payment Services Act. This comes as Singapore cracks down on crypto licensing, as it proposed updates to its framework for digital token service providers making its more stricter in terms of compliance.

At the moment, Tokenize is moving its base of operations to Labuan, a Malaysian offshore financial centre. It is working towards acquiring a licensed entity regulated by the Labuan Financial Services Authority, with the process targeted for completion by 30 September. The exchange is also exploring expansion into the Middle East through regulatory approvals from Abu Dhabi Global Market (ADGM), the financial free zone in the UAE capital.

CEO and founder Hong Qi Yu framed the shift as a chance to consolidate international operations and grow the platform’s reach outside of Singapore. The decision to withdraw from Singapore comes a little over a year after Tokenize secured US$11.5 million in funding. At the time, it had announced plans to scale its Singapore team to 100 employees, aiming to strengthen its ability to navigate Southeast Asia’s diverse regulatory regimes.

DIFC Innovation hub launches Proptech hub with Dubai Land Department

DIFC Innovation hub launches Proptech hub with Dubai Land Department

Under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, and the Dubai Land Department (DLD), have have launched Dubai PropTech Hub in the DIFC Innovation Hub, offering investors, residents, and global stakeholders a more accessible, transparent, and tech-enabled property market.

As per the press release, this is the region’s first PropTech innovation hub which will bring together the entire real estate value chain, offering a new model for collaboration, experimentation, and scalable innovation in one of the world’s fastest-growing markets.

The hub will support more than 200 PropTech start-ups and scale-ups, generate more than 3,000 jobs, attract over $300 million in investment by 2030, and foster innovation and collaboration within the industry. It will provide customised licensing options, purpose-built physical workspaces, and a full suite of support programmes designed to fast-track innovation from concept to commercialisation.

It will provide access to advanced incubators, hands-on venture building, joint pilots, and a world-class regulatory and financial environment. Its offerings include bespoke initiatives such as early-stage start-up incubators and thought leadership programs aimed at helping participants stay ahead of global PropTech trends.

His Excellency Essa Kazim, Governor of DIFC, stated, “This landmark initiative fast-tracks the expansion of the PropTech market in Dubai and positions the emirate as a global leader in real estate innovation. Furthermore, this initiative will build renewed momentum for investment, aligning with the Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033.”

His Excellency Omar Hamad BuShehab, Director General of the Dubai Land Department, affirmed that this represents a pivotal step in achieving the objectives of the Dubai Real Estate Sector Strategy 2033 and further strengthening real estate excellence in the emirate. He added, “This hub is a natural extension of the Real Estate Evolution Space Initiative – ‘REES’ launched by DLD to support the innovation ecosystem and anticipate the future of the sector by harnessing technology and artificial intelligence. By encouraging start-ups and providing advanced infrastructure and incubators, we are enhancing Dubai’s global competitiveness and offering a smarter, more connected approach to real estate investment and development.”

One of the key differentiators of the Dubai PropTech Hub is its multi-stakeholder collaboration model, bringing together regulators, developers, technology companies, investors, and service providers under one roof. Founding partners include world-class developers such as Binghatti, Majid Al Futtaim, Sobha Realty, Union Properties, and critical infrastructure providers like Transguard, who are already exploring AI-powered smart building and security applications via DIFC Innovation Hub-led pilots.

Already DLD has launched its real estate tokenization project under PRYPCO.

BurjX attains crypto custodial and brokerage license in UAE

BurjX attains crypto custodial and brokerage license in UAE

BurjX, the UAE-born digital asset trading platform, has secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, for brokerage and custody activities.

BurjX becomes a fully regulated digital asset brokerage platform to offer and support trading of over 100 digital assets, setting a new standard for market access, regulatory depth, and product breadth in the region. The UAE’s cryptocurrency market is projected to generate US$395.9 million in revenue in 2025, with the user base expected to reach 3.88 million by 2026.

“We came to the UAE to build something that reflects the future of this region: regulated, trusted, and globally competitive,” said Omar Abbas, Co-Founder and CEO of BurjX, who previously co-founded NDAX, Canada’s leading crypto exchange. “Securing our FSRA license and launching with 100+ assets is proof of what’s possible when you build with conviction from the ground up. We’re not another imported platform entering the UAE. We’re a homegrown one, built here to lead globally.”

“It’s rare to see a startup go live with this level of regulatory and technical execution,” said Adam Ferris, Co-Founder and Chairman, a Harvard JD/MBA graduate who previously held key roles at Goldman Sachs. “This launch validates the strength of our infrastructure, the caliber of our team, and our ambition to position BurjX as a global player from day one.”

As part of its governance framework, BurjX has appointed Dr. Ryan Lemand to its Board. A former Binance board member and ex-Head of Risk at UAE’s Securities and Commodities Authority (SCA), he brings deep expertise in regulation, digital assets, and institutional finance.

BurjX makes it easy to go from dirhams to digital assets in seconds. Integrated with UAE banking rails through Zand Bank, users can instantly fund their accounts in AED and trade over 100 tokens within seconds, all under the oversight of ADGM’s world-leading virtual asset framework. As one of the region’s first true fiat-to-crypto bridges, BurjX offers frictionless access to digital markets that is secure, seamless, and proudly UAE native.

As one of the few platforms in the region licensed for both brokerage and custody, BurjX combines the strength of ADGM’s virtual asset regime with the speed of institutional-grade infrastructure. Built on NASDAQ-grade systems that process over 1 million transactions per second and secured by Fireblocks’ MPC wallet technology, BurjX offers fast execution, deep liquidity, and secure custody on a single, unified platform. From first-time traders to institutions, every transaction is backed by multi-layer governance, comprehensive insurance across hot and cold wallets, and robust regulatory oversight.

For family offices, institutions, and high-net-worth clients seeking a more bespoke experience, BurjX has launched its Private Client Division – delivering white-glove OTC services, tailored execution, dedicated relationship coverage, and access to one of the most extensive digital asset offerings in the region. Designed for sophisticated investors, it empowers them to build high-conviction, diversified portfolios with clarity, control, and confidence.

FINEXITY to launch market investment fund in UAE

FINEXITY to launch market investment fund in UAE

FINEXITY , a leading digital assets company based in Hamburg, providing investors with access to tokenized private markets investments under FINEXITY is set to launch its private market investment fund in UAE and has started with the appointment of Marc Dahlke as Strategic Board Advisor and Member of the Investment Committee.

As per the press release, the appointment underscores FINEXITY’s ambition to drive opportunities in private markets by further expanding its leading digital investment and distribution infrastructure across borders and enabling investors to access tokenized structured private market investments – such as real estate, private equity, infrastructure, and collectibles – through a fully digital, regulated investment platform.

Marc Dahlke brings a distinguished background in legal, strategic, and financial advisory roles. He started his career at Magic Circle law firm Freshfields LLP, before working for The Boston Consulting Group in Vienna and Dubai for eleven years, where he led, among others, the Family Office Practice Area in the Middle East. Today, he holds senior positions, such as at Sidra Capital, a Saudi-based Multi Family Office and global Asset Management & Investment firm, as well as at the venture builder Bridgemaker Gulf, where he is an active supporter of business model innovation and AI-driven ventures in the region.

“Marc’s deep roots in the Middle East and his comprehensive understanding of regional market dynamics make him an invaluable partner as we expand our footprint in the Gulf,” said Paul Huelsmann, Founder and CEO Global of FINEXITY. “His experience across family offices, sovereign wealth funds, and private equity – combined with his strong advisory acumen – brings a strategic edge to our investment activities and partnerships in the region.”

As part of the agreement, Dahlke will provide strategic guidance to FINEXITY on financial, investment, and governance matters. He will also play a pivotal role in forging relationships with key regional stakeholders – including issuers, regulatory bodies, ministries, and distributors – as well as in assessing market expansion opportunities for the German frontrunner in tokenization, structuring, and investing of global private markets assets.

“FINEXITY’s mission to transform access to private market opportunities is perfectly aligned with the evolving investor appetite in the UAE and the Gulf region,” said Marc Dahlke. “I’m excited to support the development of innovative financial products, structured around private market investment funds, and tailored to the needs of local and international investors.”

Dahlke will join FINEXITY CEO Global Paul Huelsmann amongst others as a permanent member of the Investment Committee for both the private market funds as well as deal-by-deal listings. Additional experts will be appointed on a project-specific basis to contribute asset-class or regional expertise with FINEXITY continuing to exploring strategic relationships with select individuals on a case-by-case basis.

Dubai Court awards 29 Bitcoins and 102 Ethereum to plaintiff

Dubai Court awards 29 Bitcoins and 102 Ethereum to plaintiff

A new crypto court decision has come out from the Dubai Court of First, that return of crypto can be either given exactly in the amounts of crypto or in their equivalent value in cash.

In Case No. 1872/2024, the Dubai court ordered the return of specific cryptocurrency assets, namely 29 Bitcoins and 102 Ethereum, or alternatively, their cash equivalent based on market value at the time of enforcement, not at the time of breach or filing.

The case in question was a private investment arrangement between two individuals involving monthly returns on a digital asset portfolio.

Ali Dakhlallah, Amjad Ramadan, and Omar Kawis of Habib Al Mulla & Partners wrote in an article that the Defendant had induced our client to invest 29 Bitcoins and 102 Ethereum into a purported scheme offering a 2% fixed return, with the principal sum “guaranteed”. Profits exceeding that threshold were to be retained by the Defendant as consideration for their services. Critically, the agreement afforded our client the right to redeem the investment at will; an option he duly exercised.

The Defendant, however, defaulted.

The investor (plaintiff) transferred the above cryptocurrencies to the defendant under a promise of a 2% monthly return, with the capital fully guaranteed. Communication between the parties was conducted via WhatsApp, with regular updates and payments made through digital wallets.

However, the defendant abruptly ceased payments and failed to return the assets. When proceedings were initiated in early 2024, the value of the assets had climbed from AED 8 million to AED 11 million—prompting the claimant to request return of the crypto in kind.

On reviewing the case the court accepted WhatsApp correspondence and wallet transfer records as valid proof of the contractual relationship and obligations. It ruled that the agreement was enforceable despite its informal nature and digital context, further affirming that digital assets like Bitcoin and Ethereum are recoverable under UAE civil law.

Crucially, the judgment allows for specific performance, requiring the return of the exact same assets, not merely their value at the time of filing. But if the defendant is unable or unwilling to return the cryptocurrencies, the judgment permits compensation equivalent to the market value at the time of enforcement.

This is not the first case that the Dubai Court of First has dealt with when it comes to digital currencies. In 2024 Dubai Court of First Instance ruled recognizing the payment of salaries in cryptocurrency under employment contracts. The decision was made in reference to case number 1739 of 2024.

According to Mahmoud Abuwasel from law firm Wasel & Wasel, “This decision, rendered in case number 1739 of 2024 (Labour), represents a notable departure from a previous judgment by the same court in 2023, where a similar claim involving cryptocurrency was denied due to the employee’s failure to provide a precise valuation of the digital currency.”

Ripple custody solution used in UAE for first time

Ripple custody solution used in UAE for first time

Ripple has partnered with Ctrl Alt, a real estate tokenization infrastructure platform that is being used by the Dubai Land Department, to provide its custody technology. Ripple is now supporting the real estate tokenization project, Prypco Mint platform, with its XRP Ledger blockchain technology, as well its custody solutions.

Ripple will offer scalable and secure storage for Dubai’s tokenized real estate title deeds, which are being issued on the XRP Ledger (XRPL). Ctrl Alt will be Ripple’s first major token custody partner in the UAE.

Reece Merrick, Managing Director for Ripple in Middle East and Africa noted that this is a perfect example of innovative forward thinking positioning that puts Dubai at the heart of the global digital asset industry.

He adds, “This is the first time a government real estate registration authority in the Middle East has tokenized property title deeds on a public blockchain. That the DLD has chosen the XRPL for this is really exciting and reinforces the XRPL’s credentials as the blockchain of choice for serious financial use cases.”

Ctrl Alt recently secured its VASP license from VARA, making it the first VASP authorized entity to conduct issuer-related services.

Matt Ong CEO and Founder of Ctrl Alt added that it made perfect sense to partner with Ripple to use their custody technology. He stated, “Partnering with Ripple allows us to leverage proven and trusted technology that meets the highest security and operational standards.”

Less than a month after the first tokenized property was sold out, PRYPCO Mint, the joint initiative between the Dubai Land Department (DLD) and PRYPCO licensed by the Virtual Assets Regulatory Authority (VARA), offered second tokenized property listing which sold out in less than two minutes.

The property at Kensington Waters was worth $653,000, PRYPCO offered investors the chance to own parts of the property starting at 2,000 AED, which is equivalent to $544.

Launched on 25 May 2025, PRYPCO Mint listed its first property that was sold out in less than 24 hours. The two-bedroom apartment in Business Bay attracted 224 investors from over 40 nationalities, with an average investment of AED 10,714 or $2,900.

Soon after a third property was funded in just 5 minutes by 169 investors. The property was the first tokenized villa to be funded.

Today PRYPCO Mint dropped two New Properties in Dubai Marina and MBR City.

Additionally the Dubai Land Department recently announced it will be using crypto for payments.

Ripple has been expanding its offering in the UAE, first when it got licensed as the first blockchain-enabled payments provider by the Dubai Financial Services Authority (DFSA). Secondly, when it partnered with Zand Bank, which is also partnering with the DLD project, and Mamo, who will utilize Ripple’s blockchain-enabled cross-border payments solution. And third, when Ripple’s stablecoin RLUSD was recognized as a crypto token by the DFSA for use within the Dubai International Financial Centre (DIFC).

From real estate to gold, Dubai’s VARA is piloting the tokenization of everything

From real estate to gold, Dubai’s VARA is piloting the tokenization of everything

Dubai’s Virtual Assets Regulatory Authority (VARA) CEO has revealed in an interview with the UAE Emirates News Agency (WAM) that it is working on new pilot projects after the success of the real estate tokenization pilot project with Dubai Land Department. The new pilot involves tokenization of Gold using DeFi.


Mathew White also noted that The Dubai Virtual Assets Regulatory Authority (VARA) has so far issued 36 full licences to entities operating in the virtual assets sector, with several hundred at various stages of the licensing process.


He noted that the ecosystem now includes over 400 registered entities involved in activities ranging from proprietary trading to blockchain technology services and other supporting operations.


Speaking on the DLD real estate tokenization project he added that these will soon be available on trading platforms allowing more accessibility and liquidity in the real estate market.

In June White on LinkedIn announced that VARA was piloting a decentralized exchange project, (DEX), the first of its kind in the MENA region. DEX is a peer to peer marketplace where users can trade cryptocurrencies directly with each other without the need for a central intermediary, differing from centralized crypto exchanges.

According to Mathew White CEO of VARA in a LinkedIn post, ” The conversation around decentralised finance (DeFi) has evolved. Not long ago, the question was “Will it survive?”. Now it’s “How fast can we integrate it? At the Virtual Assets Regulatory Authority [VARA], we don’t see DeFi as a threat to traditional finance (TradFi), but a high-efficiency tool for accelerating its evolution.”

White has stated out 2025 noting that it was the year of tokenization. In early January on Linked he had stated, ” Tokenized RWAs are on-chain representations of ownership in, or rights and obligations related to, assets like real estate, debt, equity, and other traditionally more illiquid financial assets. Tokenization can make them globally accessible and tradable, while also opening investment opportunities to individuals previously excluded from these asset markets.”

UAE Byzanlink tokenization platform to deploy on Hedera network

UAE Byzanlink tokenization platform to deploy on Hedera network

UAE based Byzanlink, a tokenization platform bridging traditional and decentralized finance, has partnered with the Hedera Foundation where in the first phase the company will integrate and deploy on Hedera Network, the enterprise-grade public network renowned for its high-performance and energy-efficient distributed ledger technology.

As per the press release, the collaboration marks a strategic step toward building a compliant, programmable infrastructure for tokenized financial assets. Byzanlink will leverage Hedera’s scalable and secure architecture to accelerate the development of tokenized real-world assets and expand institutional access to compliant, yield-generating financial instruments. The integration enables real-time settlement, increased transparency, and automated asset lifecycle management across a wide range of asset classes.

Byzanlink is developing an integrated platform that enables institutions, treasuries, and fintechs to interact with tokenized financial assets through a seamless and compliant framework. Through this integration, Byzanlink will leverage Hedera’s Network to ensure scalable deployment and real-time settlement for tokenized asset classes.

“We’re excited to collaborate with the Hedera Foundation as we bring real-world financial assets onchain,” said Anbu Kannappan, Founder and CEO of Byzanlink. “Hedera’s enterprise-grade capabilities align well with our vision of building secure, programmable, and transparent financial infrastructure for the future of global capital markets.”

Byzanlink is targeting the tokenization of over $100 million in real-world assets over the coming years, focused on enabling institutional access to secure, yield-generating financial instruments.

“Byzanlink’s infrastructure is aligned with our vision for enabling the next generation of institutional finance on Hedera,” said Vignesh Raja, Director of Business for Middle East & South Asia at Hedera Foundation. “We believe their model offers a compelling framework for tokenizing real-world assets at scale, and we’re proud to support their growth.”

Saudi Arabian NTDP recently invested in Byzanlink

Saudi Arabian NTDP ( National Technology Development Program), an entity aimed to transform Saudi Arabia into a tech leader by fostering sustainable development and innovation invested along with Outlier Ventures, Smart IT Frame, Sensei Capital as well as angel investors Murali Kulala (CEO, Smart IT Frame), Salman Butt (Co-founder, Salla), and Christopher, a seasoned fintech investor, along with several other prominent angel backers, a sum of $1 million in UAE based Byzanlink, a Blockchain enabled real-world asset (RWA) tokenization platform bridging traditional finance and decentralized finance (DeFi), in a private funding round.

Binance launches new Sharia investment multi token staking product

Binance launches new Sharia investment multi token staking product

Binance has launched a new Sharia investment multi token staking product called Sharia Earn. As per Binance this is the first Sharia compliant multi token staking product. It is build on Binance’s Earn core products that include BNB locked products, ETH staking and SOL staking.

As per the announcement, with over 280 million users worldwide, Binance is committed to building products that serve the diverse needs of their global community. the announcement notes, “We’re proud to answer the call for faith-aligned crypto solutions because we believe the future of finance should be inclusive by design. And now, thanks to Sharia Earn, users can grow their crypto while staying true to Islamic finance principles.”


While conventional staking products follow standard financial models, Sharia Earn is uniquely structured to align with the core tenets of Islamic finance. Certified by Amanie Advisors, a globally respected Sharia advisory firm, users’ assets are carefully managed in full accordance with Islamic finance principles, in particular such as no interest (riba), no excessive uncertainty (gharar), no exposure to haram sectors like alcohol, gambling, or adult content.

Users can also view the Sharia Compliance Certificate for Sharia Compliant Earn Products, issued by Amanie Advisors on 2025-07-01, signed by Dr. Mohd Daud Bakar, confirming Sharia Earn’s adherence to Sharia principles.

Through a Wakala agreement, users’ staked crypto supports Halal blockchain ventures; all protocols are screened for ongoing Sharia compliance, ensuring full transparency in how rewards are generated and distributed. For more details on the reward mechanisms, please refer to our Sharia Earn, Simple Earn Locked Product, ETH Staking & SOL Staking FAQs.


For BNB, rewards are generated on-chain through the Simple Earn Locked Products. Users receive halal rewards daily at a variable rate, paid directly to their Spot Accounts. Users maintain full visibility and control throughout and can choose to withdraw early at any time, at the cost of forfeiting accumulated rewards. For more details, please refer to our Simple Earn Locked Product FAQs.

For ETH and SOL, users receive WBETH and BNSOL upon subscription. These liquid staking tokens increase in value over time regularly per the staking rate of return displayed on the product pages. This is reflected in the regular update of WBETH & BNSOL’s exchange rate on the product pages – illustrating both the staked assets and halal rewards earned. Users can redeem them at any time for ETH or SOL, including all accrued value. For more information, please refer to our ETH Staking & SOL Staking FAQs.

The mechanics of BNB Locked Products, and ETH Staking & SOL Staking take effect through the Wakala agreement and the structuring of the Sharia Earn Terms of Use and have been reviewed by Sharia scholars and deemed to be Sharia Compliant for our Islamic users. More information can be found here.

Sharia Earn will be available for users in the following countries: Afghanistan, Algeria, Bangladesh, Bhutan, Egypt, Indonesia, India, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Morocco, Nepal, Oman, Pakistan, Palestinian territories, Qatar, Saudi Arabia, Sri Lanka, Sudan, Tunisia, Turkey (.com), United Arab Emirates, Yemen, Uzbekistan, Kyrgyzstan, Turkmenistan, Azerbaijan, and Tajikistan.

Binance will announce as availability expands to additional jurisdictions.


Sharia Earn is part of our broader vision of a truly global and inclusive financial system. It embodies our personal values, centered on fairness, transparency, and shared prosperity. To celebrate the launch of Sharia Earn, we’re running exclusive launch promotions with up to $100,000 in crypto rewards.

Campaign 1: Subscribe to Sharia Earn, Earn Points, and Share $80,000 in USDT Rewards

Promotion A: Subscribe & Earn Subscribe or stake a minimum amount to any eligible Sharia Earn product and climb the leaderboard to win a share of $60,000 in USDT rewards.

Promotion B: New User Exclusive The first 5,000 eligible new users who subscribe at least 20 USDT to any eligible Sharia Earn product may receive a 4 USDT token voucher from a 20,000 USDT reward pool on a first-come, first-served basis.

Campaign 2: Red Packet Giveaway: Share Up to $20,000 in USDT Rewards

Promotion A: Register for a Binance account and complete identity verification (KYC), then subscribe to any eligible Sharia Earn product during the Promotion Period. The first 2,000 users will each receive a $5 USDT Red Packet on a first-come, first-served basis.

Promotion B: Refer a friend who registers for a Binance account, completes identity verification (KYC), and subscribes to Sharia Earn. Once complete, both the referrer and their referred friend will each receive a $2.5 USDT Red Packet. This Promotion is capped at 1,000 referrers and 1,000 referees on a first-come, first-served basis. Each referrer can receive a maximum of 2 Red Packets only.

Crypto.com keeps adding crypto payment partners in UAE, latest Emirates Airlines

Crypto.com keeps adding crypto payment partners in UAE, latest Emirates Airlines

After signing up with Emarat Energy, Dubai Land Department, and Dubai Duty Free, Crypto.com has signed a deal with Emirates Airlines to allow its customers to make crypto payments using crypto.com’s exchange services.

The partnership, which is expected to come into effect next year, is aimed at tapping into “younger, tech-savvy customer segments who prefer digital currencies”, Adnan Kazim, Emirates’ deputy president and chief commercial officer, said in a statement.

Earlier in the year, Air Arabia announced that it would be allowing AED stablecoin payments using the AE Coin, as did Abu Dhabi taxi service.

The agreement today signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of Emirates Airline & Group, and Michael Doersam, Emirates’ chief financial & group services officer, by Adnan Kazim, Emirates’ deputy president and chief commercial officer, along with Mohammed Al Hakim, president of Crypto.com’s UAE operations will offer more diverse digital asset payment services.

Adnan Kazim, Emirates Deputy President and CCO stated, “Partnering with Crypto.com to integrate cryptocurrency into our digital payments system reflects Emirates’ commitment to meeting evolving customer preferences, in addition to tapping into younger, tech-savvy customer segments who prefer digital currencies.”

“We’re delighted to complete the signing of this important MoU with Emirates Airline. As we continue to expand the everyday use case for crypto, integration with exceptional partners such as Emirates will bring real momentum to the digital asset industry and enable both companies to offer genuine innovative finance solutions for our customers. We look forward to working together as we continue to build our crypto offering in the GCC,” said Eric Anziani, president and COO of Crypto.com.