Abu Dhabi headquartered Soter digital asset insurer closes Series A round

Abu Dhabi headquartered Soter digital asset insurer closes Series A round

Abu Dhabi headquartered, Soter Insure, a provider of specialized digital asset insurance products tailored to the digital asset economy, has closed its Series A funding... Details
UAE Mubadala Sovereign wealth fund invests close to half a billion dollars in Bitcoin

UAE Mubadala Sovereign wealth fund invests close to half a billion dollars in Bitcoin

UAE Mubadala, a sovereign investment fund, has revealed in an SEC Filing that in late 2024 it invested $436,895,026 in BlackRock's Ishares Bitcoin Trust ETF.... Details
Saudi Arabia attracts $22.4 billion in investments for AI and Datacenters

Saudi Arabia attracts $22.4 billion in investments for AI and Datacenters

Saudi Arabia in the first two days of the LEAP 2025 conference has attracted $22.4 billion worth of investments in technology and artificial Intelligence fueling... Details
UAE regulated Hex Trust secures funding from Morgan Creek

UAE regulated Hex Trust secures funding from Morgan Creek

Hex Trust, a UAE regulated digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led... Details
RAK DAO and XDC Blockchain fund accelerator with $2 million

RAK DAO and XDC Blockchain fund accelerator with $2 million

RAK DAO, the free zone for digital assets companies located in the emirate of Ras Al Khaimah UAE, has launched in partnership with XDC Blockchain... Details
UAE headquartered crypto exchange FreedX raises $50 million

UAE headquartered crypto exchange FreedX raises $50 million

Freedx, a cryptocurrency exchange with its headquarters noted to be in Dubai UAE, yet unregulated in the country till now, claims that it has raised... Details
500 Global launches Saudi sovereign fund backed tech fund

500 Global launches Saudi sovereign fund backed tech fund

500 Global, a global venture capital firm, has launched the 500 MENA, L.P. (the "Fund"), a new fund dedicated to investing in high-growth technology startups... Details
UAE Further Ventures invests $5 million in GRVT decentralized exchange

UAE Further Ventures invests $5 million in GRVT decentralized crypto exchange

UAE based Further Ventures, capital markets investment firm, has invested $5 million in GRVT, a regulated Decentralized exchange. The investment will be utilized to drive... Details
Egyptian Founders raise $1.7 million for Hamilton tokenization platform built on Bitcoin

Hamilton founded by Egyptian entrepreneurs raises $1.7 million for tokenization platform built on Bitcoin

Hamilton, a Real-World Assets (RWA) protocol built on Bitcoin, redefining access to traditional financial instruments like U.S. Treasuries, real estate, and funds by turning them... Details
Komainu licensed in the UAE, raises $75 million in Bitcoin from Blockstream

Komainu licensed in the UAE, raises $75 million in Bitcoin from Blockstream

UAE regulated digital asset service provider and custodian, Komainu, licensed by VARA Dubai, and backed by Laser Digital, a Nomura company, has raised $75 million... Details