UAE Tungsten officially launches homegrown crypto custodian after receiving license from ADGM

UAE regulated digital assets custodian Tungsten now hiring

UAE organically incubated, digital assets custodian, Tungsten, regulated under the FSRA (Financial Services Regulatory Authority) in ADGM is on a hiring spree. Tungsten, according to... 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
Commercial Bank International enters the world of digital asset payments

Commercial Bank International enters the world of digital asset payments

UAE based Commercial Bank International PJSC (‘CBI’), a corporate and retail bank headquartered in Dubai, and Fuze, MENA’s digital asset infrastructure provider, signed a Memorandum... Details
Future of Decentralized mobility is now in Dubai, with DRIFE Web3.0 Taxi

Future of Decentralized mobility is now in Dubai, with DRIFE Web3.0 Taxi

The best companies that have ever existed are those that are built with conviction and passion, DRIFE is such a company. Based on the concept... Details
UAE virtual asset regulator to regulate tokenization, TradeFi and DeFi in 2024

UAE virtual asset regulator to regulate tokenization, TradeFi and DeFi in 2024

Dubai’s virtual asset regulator (VARA) has not only entered the social media scene but has announced its plans for 2024 which will include enhancements to... Details
DIFC prepares digital asset inheritance plans for family offices and HNWIs

DIFC prepares digital asset inheritance plans for family offices and HNWIs

In an interesting move towards including digital assets into the wealth management value chain, DIFC Innovation Hub, global Swiss wealth management Julius Baer and Euroclear... Details
SC Ventures sets up office in UAE to invest in digital assets, online economy, SMEs, and sustainability

SC Ventures to invest in digital assets, SMEs, the online economy from its office in Abu Dhabi

Standard Chartered’s  venture capital firm, SC Ventures, opens office in ADGM (Abu Dhabi Global Market) Abu Dhabi UAE, after setting up a digital asset joint... Details
UAE based MintLayer to tokenize real-estate assets in Dubai UAE

MintLayer to tokenize realestate assets in UAE

UAE based MintLayer, a layer 2 blockchain that utilizes Dynamic Slot Allocation (DSA) consensus merging Proof-Of-Stake and Bitcoin technologies to make decentralized financial markets attack-proof,... Details
Qatar Central Bank to attract Blockchain, Crypto, tokenization as part of Financial strategy

Qatar to attract Blockchain and digital asset entities

The Qatar Central Bank( QCB)  sets to attract Big Tech and Fintech entities in the fields of Blockchain, AI, Tokenization, Digital assets and crypto to... Details