Crypto.com a global crypto exchange regulated in the UAE has partnered with an AI Blockchain tech firm in UAE called Tawasal Al Khaleej. Tawasal has developed a mobile messaging application that is currently being utilized by UAE governmental entities and other industries within the UAE.

As per the announcement Tawasal AlKhaleej will use crypto.com as their exclusive crypto partner of choice.

The integration has two stages, the first iteration of this deal will see Crypto.com’s platform referred by Tawasal Alkhaleej to its local and Middle East partners and collaborators strengthening Crypto.com’s position in the region.

There are also plans to integrate the crypto exchange platform into UAE’s leading Tawasal Superapp messanger offering access to Crypto.com’s products and services and the ability to trade crypto to nearly 4 million users.

“Our partnership with Tawasal opens up a world of possibilities for Crypto.com to integrate our industry-leading products and services into their impressive tech projects,” said Eric Anziani, President and COO of Crypto.com. “This partnership is an outstanding example of how the UAE tech ecosystem is thriving, and where the integration of digital assets products can benefit companies and consumers alike, giving simplified access to cryptocurrency which not only encourages adoption but also progresses the development of our industry.”

“Partnering with Crypto.com is about expansion, driving growth, and making the Crypto services even more attractive for UAE consumers” said Khamis AlShamsi, Chairman of Tawasal Alkhaleej.

Eric Leandri, CEO of Tawasal stated: “We’re eager to join forces with Crypto.com and seamlessly integrate their innovative products and services into our cutting-edge tech projects. By combining their services and digital assets with our blockchain technologies we’re reaffirming our commitment to delivering, safe, interactive, and easy to use digital experiences to our customers. In return, Tawasal SuperApp, is poised to provide Crypto.com with unparalleled visibility and expose their financial products to the local market, further expanding their reach and presence.”

This announcement comes less than a day after UAE MGX, also an investor in AI announced its $2 billion investment in Binance.