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Pravica Secures $250,000 Grant from Sui Foundation for stablecoin adoption
Pravica, a blockchain infrastructure provider, has secured $250,000 grant from the renowned Sui Foundation. This substantial funding will drive Pravica’s mission to revolutionize payment systems...
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UAE Cypher Capital leads $15 million investment in ZAP protocol
UAE based Cypher Capital leads $15 million investment in ZAP, a powered token distribution protocol built on the Ethereum Layer 2 network, Blast, allowing it...
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Blockchain network Boba launches accelerator with support from UAE investors and freezone
Boba Network, an optimistic-based multichain layer-2 scaling blockchain solution, has launched the Boba Liftoff Accelerator partnering with venture capitalists, free zone areas in the UAE and...
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UAE Cypher Capital invests in Bitcoin backed stablecoin protocol
UAE Cypher Capital, a multi strategy crypto investment firm, has invested along side lead investor CMS Holdings and Rocktree Capital in Satoshi Protocol, the first...
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Tokinvest has raised half a million dollars
Tokinvest, a marketplace for real-world asset tokenization, has raised half a million dollars ($500,000) in pre-seed funding from several strategic investors. This comes weeks after...
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UAE Phoenix Group and Web3 IOPn will invest $100 million in Ras Al Khaimah
UAE Web3, crypto blockchain company Phoenix Group, an ADX listed company, and IOPn, a Web3 ecosystem that leverages blockchain, AI and spatial computing, has partnered...
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Blockchain enabled Maalexi agri business receives debt investment of $1 million
Blockchain enabled UAE based Maalexi has received an investment of $1 million from Stride Ventures, a premier global venture debt firm from India. The investment...
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Qatar Fintech Hub to support women entrepreneurs in Qatar and Kuwait
The Qatar Fintech Hub, developed by Qatar Development Bank, has partnered with The International Trade Centre’s (ITC) SheTrades Initiative, and Visa, a leader in digital...
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Indian crypto exchange expands into MENA with acquisition of BitOasis in UAE
CoinDCX, India’s cryptocurrency exchange, has acquired UAE based BitOasis, which according to Bloomberg could add $50 million in revenues to Coin DCX as it expands...
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Cardano accelerator invests in Saudi Arabia’s Nuqtah NFT platform
Adaverse a Cardano ecosystem accelerator and venture capital fund focusing on Web3 solutions, has strategically invested in Nuqtah, Saudi Arabia’s blockchain infrastructure builder and NFT...
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