MIRAI Capital to invest $7 million in digital assets exchange

MIRAI Capital to invest $7 million in digital assets exchange

UAE based MIRAI Capital Global, has made a non-binding commitment of $7 million to invest in DigiMaaya, a digital assets exchange and bank. As per... Details
IOTA to invest $10 million in UAE and African tradetech startups

IOTA to invest $10 million in UAE and African tradetech startups

UAE based IOTA ecosystem, DLT Foundation, has committed $10 million investment fund to support early-stage startups and ventures in the UAE and Africa. The funding... Details
Saudi Blockchain startup wins $500K from Meet the Drapers

Saudi Blockchain startup wins $500K from Meet the Drapers

Saudi Arabian based Blockchain enabled Insuretech platform TakaDAO has won 2nd place at Meet the Drapers Season 6, winning $500K in funding. Sharene Lee, Co-Founder... Details
BackPack raises $17 million to grow its crypto ecosystem

BackPack raises $17 million to grow its crypto ecosystem

The BackPack group continues to move from one success to another. After receiving its crypto exchange license in UAE, and expanding to 11 states in... Details
Digital asset investment firm launches Shari’ah compliant crypto Fund

Digital asset investment firm launches Shari’ah compliant crypto Fund

Netherlands-based investment firm, The Growth Capital, has partnered with Shari’ah Review Bureau (SRB) as its Sharia advisor to oversee its investment activities in digital assets,... Details
UAE investor puts $1.5 million into Web3 gaming platform

UAE investor puts $1.5 million into Web3 gaming platform

GameCentric a new Web3 enabled MENA gaming platform which seeks to incorporate crypto and digital assets, has raised $1.5 Million in capital from UAE Angel... Details
UAE Web3 blockchain gaming project, Exverse raises $3 million

UAE Web3 blockchain gaming project, Exverse raises $3 million

Exverse, a UAE Web3 blockchain gaming project, incubated by launchpads that include KuCoin Labs, Seedify, Epic Games, and ChainGPT, has raised $3 million in a... Details
UAE sovereign wealth fund subsidiary backs $60 million Blockchain venture fund

UAE sovereign wealth fund subsidiary backs Blockchain venture fund

UAE Mubadala Capital, a subsidiary of Mubadala Investment, sovereign wealth fund of Abu Dhabi UAE, has offered significant support and backing to RW3 Ventures, an... Details
UAE Phoenix Group  grows exposure in Europe with $577,074 acquisition

UAE Phoenix Group  grows exposure in Europe with $577,074 acquisition

UAE Phoenix Group, a Web3 holding group, which has major investments in crypto mining, blockchain projects, and a UAE crypto exchange M2 has confirmed its... Details
The Hashgraph Association and The Saudi Ministry of Investment partner to launch Deep tech venture studio with $250 million investment

Hashgraph Association and Saudi Ministry of Investment to launch $250 million deep tech venture studio

The Hashgraph Association (THA), the Swiss-based organization at the forefront of global Blockchain digital enablement, has during the Swiss Economic Mission to Saudi Arabia in... Details