VC firm Brinc offers crypto and Blockchain entities in UAE’s DMCC access to $150 million fund

VC firm Brinc offers crypto and Blockchain entities in UAE’s DMCC access to $150 million fund

Global VC firm Brinc has offered crypto entities residing in UAE’s DMCC ( Dubai Multi Commodities Centre) Crypto centre access to a $150 million accelerator... Details
The venom of Venom Blockchain Foundation lingers on in UAE

UAE Venom Blockchain now has its own Virtual asset Exchange, Venomex

UAE based Venom Blockchain which recently received a license from ADGM ( Abu Dhabi Global Market)  in early October 2022, now has a regulated virtual... Details
UAE Mubadala Capital takes first step in crypto blockchain direction and sponsors Token 2049 in London

UAE Mubadala Capital takes first step in crypto blockchain direction and sponsors Token 2049 in London

UAE Mubadala Capital, a wholly owned subsidiary of Abu Dhabi sovereign fund Mubadala, is sponsoring for the first time a crypto event in the United... Details
Del Monte Produce acquires 39 percent of Jordanian Blockchain food traceability startup Decapolis

Del Monte Produce acquires 39 percent of Jordanian Blockchain food traceability startup Decapolis

Fresh Del Monte Produce a global integrated producer, distributor, and marketer of fresh and fresh cut fruits and vegetables has  acquired a 39 percent stake... Details
Venom Blockchain gets ADGM license and becomes the first to build NFT marketplace and Fiat backed stablecoin

Venom Blockchain gets ADGM license and becomes the first to build NFT marketplace and Fiat backed stablecoin

UAE ADGM ( Abu Dhabi Global Market) announced on LinkedIn that Venom Blockchain has become the first ADGM licensed crypto foundation to build a scalable blockchain platform.... Details
BSV Blockchain Association MENA to launch its projects and educational initiatives at exclusive VIP reception in UAE

BSV Blockchain Association MENA to launch its projects and educational initiatives at exclusive VIP reception in UAE

The BSV Blockchain association MENA chapter is working on several blockchain education and implementation projects to drive innovation in the UAE. To launch these initiatives... Details
UAE ADIB Bank becomes 10th bank to join UAE Blockchain trade finance platform

UAE ADIB Bank becomes 10th bank to join UAE Blockchain trade finance platform

Abu Dhabi Islamic Bank (ADIB) has become the 10th bank to join Blockchain trade finance platform UAE Trade Connect (UTC), developed by e& enterprise, formerly... Details
42 percent of UAE youth and middle aged residents have held crypto, stablecoins and NFTs

42 percent of UAE youth and middle aged residents have held crypto, stablecoins and NFTs

In Checkout.com’s third annual report on digital transformation in MENA for 2022, it found that e-commerce in the UAE had settled into a stable high growth era.... Details
UAE Blockchain DeFi entity sponsors Future Blockchain Summit

UAE Blockchain DeFi entity sponsors Future Blockchain Summit

Dubai based Ultron Foundation, a Blockchain DeFi entity is sponsoring the Future Blockchain Summit being organized by DWTC in partnership with VARA (Virtual assets Regulatory... Details
Banks will become Dapps and 2022 is a crypto building year

Banks will become Dapps and 2022 is a crypto building year

The chairman of Belobaba, a crypto native hedge fund with a regulated security token, believes that Banks will become Dapps, and that this was the... Details