UAE Blockchain gaming studio secures $5 million to develop its GameFi solutions

UAE Blockchain gaming studio secures $5 million to develop its GameFi solutions

UAE based Blockchain gaming entity, iBLOXX,Studio has secured a $5 million investment in a recent funding round led by PrimeXM. The capital will be utilized... Details
Egyptian clothing brand Concrete partners with NFT marketplace Plastiks for plastic recycling project

Egyptian clothing brand Concrete partners with NFT marketplace Plastiks for plastic recycling project

Barcelona-based Blockchain enabled NFT marketplace, Plastiks, has partnered with Egyptian clothing brand Concrete, as part of plastic removal initiatives in the country. Plastiks specializes in... Details
UAE ADGM and Zand digital bank to offer preferential banking services to virtual asset entities

UAE ADGM and Zand digital bank to offer preferential banking services to virtual asset entities

UAE based Abu Abu Dhabi Global Market (ADGM) and Zand Bank, the UAE’s all digital bank licensed by the UAE Central Bank, have inked a... Details
UAE based Hex Trust, crypto custodian receives first MVP operational license from VARA

UAE based Hex Trust, crypto custodian receives first MVP operational license from VARA

UAE - Hex Trust is the first entity to have received an MVP Operational license from VARA. This is the third licensing stage within the... Details
UAE Cypher Capital seeking $100 million for crypto venture fund

UAE Cypher Capital seeking $100 million for crypto venture fund

As per a recent article in Bloomberg, UAE Cypher Capital an early-strategy venture firm focused on investing in Web3 infrastructure, is seeking to raise $100 million for... Details
UAE Hub71 launches $2 billion blockchain digital asset initiative to fund startups

UAE Hub71 launches $2 billion blockchain digital asset initiative to fund startups

Abu Dhabi' Hub71, the technology ecosystem in UAE has launched the Hub71+ Digital Assets. This ecosystem is dedicated to advancing Web3, a decentralized online space... Details
A Blockchain enabled Food Metaverse launches in UAE with OneRare

A Blockchain enabled Food Metaverse launches in UAE with OneRare

Food Metaverse, OneRare, the world’s first food metaverse, known as Foodverse has launched in the UAE. The Foodverse is bringing the Global F&B Industry to... Details
Oman announces upcoming launch of Virtual asset regulatory framework

Oman announces upcoming launch of Virtual asset regulatory framework

The Oman Capital Market Authority has announced that it will  establish the Virtual Assets Regulatory Framework to regulate and develop the market in the Sultanate... Details
Egyptian Singularity Innovations and Red Date Technology bring BSN Blockchain network to MENA region

Egyptian Singularity Innovations and Red Date Technology bring BSN Blockchain network to MENA region

UAE Egyptian based Singularity Innovations Limited a Fintech Blockchain infrastructure provider, with a license out of DIFC ( Dubai International Financial Centre), has partnered with... Details
Saudi Nuqtah NFT signs MOU with Saudi STC Group to tokenize photographs

Saudi Nuqtah NFT signs MOU with Saudi STC Group to tokenize photographs

KSA born Nuqtah NFT marketplace has signed an MOU (Memorandum of Understanding) with Saudi Telecom group (STC) to tokenize photographs from stc’s Sarha project and... Details