Laser Digital launched Digital NEAR Adoption Fund excluding UAE

Laser Digital launched Digital NEAR Adoption Fund excluding UAE

Laser Digital Nomura’s digital assets subsidiary with a regulated presence in UAE , has launched the Laser Digital NEAR Adoption Fund (the ‘Fund’). However investors in the UAE cannot participate in the fund. The announcement notes, that information contained herein, does not constitute, and is not intended to constitute, a public offer of securities in the United Arab Emirates (“UAE”) and accordingly should not be construed as such.

The shares are only being offered to a limited number of exempt investors in the UAE who (a) are willing and able to conduct an independent investigation of the risks involved in an investment in such shares, and (b) upon their specific request. The shares have not been approved by or licensed or registered with the UAE Central Bank, the Securities and Commodities Authority, or any other relevant licensing authorities or governmental agencies in the UAE. No transaction will be concluded in the UAE and any enquiries regarding the Shares should be made to Laser Digital UK Ltd at 1 Angel Lane, London, EC4R 3AB. 

As per the announcement the Fund’s strategy seeks to provide a long-term exposure to the NEAR token enhanced with staking which allows institutional investors residing in eligible jurisdictions (“Investors”) to participate in the blockchain consensus mechanism and take advantage of the economic opportunities of the NEAR blockchain.

Consequently, the Fund aims to harvest gains from a long-term trend combined with carry component in the Digital Assets asset class. The Fund utilizes TruFin’s institutional-grade liquid staking solution, TruStake, to provide Investors with seamless exposure to the NEAR token, as well as the network’s underlying staking rewards.


The entire internet will experience a paradigm shift towards AI-first interfaces and businesses, and Laser Digital believes that NEAR has positioned itself to be at the forefront of this AI-first future as the blockchain for AI. This is enabled by NEAR’s core technologies bridging AI and web3 – bringing agents, users, and services together in one single protocol:

  • User-Owned AI: Building towards AI that users can trust with their data & assets and ultimately AI that makes choices to benefit individual users rather than some centralized profit-maximizing entity
  • Chain Abstraction: A technology that connects all assets, across all chains, between AI agents and users while empowering AI agents to transact, and thereby solves for the interoperability problem
  • Intents: A new type of transaction that allows information, assets, goods and services exchange between AI agents, users, and real world services, making it possible to unify liquidity across crypto ecosystems and also bring AI participants together with financial services, commerce, and end users
    Sharded Blockchain: NEAR Protocol as a sharded, proof-of-stake blockchain with fast transaction throughput and already tens of millions of active users, offering scalable infrastructure for AI agents and users to transact effectively at any scale

These features make NEAR a valuable Layer-1 digital asset for the next wave of AI-driven Web3.0 applications. From this perspective NEAR aims to benefit from two long-term major trends: blockchain and AI, and the Fund aims to provide Investors exposure to both.

The Fund will be available in traditional format, after registration, in selected jurisdictions (with the exclusion of the US) to eligible institutional and professional investors. The Fund will also be available through various wealth management platforms.

The Fund is a segregated portfolio part of Laser Digital Funds SPC, a Segregated Portfolio Company registered as a mutual fund pursuant to section 4(3) of the Mutual Funds Act with CIMA (Cayman Islands Regulatory Authority).

Laser Digital is led by CEO Jez Mohideen who has over 25 years of experience in systematic investment strategies and macro trading at both Brevan Howard and Nomura. On launching the fund, Mohideen commented: “The Fund gives Investors a seamless way to gain exposure to digital assets through a long orientated exposure to the NEAR protocol that combines two major investment themes of digital assets and AI, alongside a carry overlay via the staking.”

David Norris, CFO at NEAR Foundation: “We are excited to launch the Laser Digital NEAR Adoption Fund to give institutional investors exposure to NEAR‘s rapidly growing AI ecosystem, enhanced with staking returns. We are convinced that Laser Digital with its strong expertise and distribution capabilities is the right partner to provide investors with seamless and compliant access to NEAR.”

UAE Fuze digital assets solutions in Turkey with Aktif ventures

UAE Fuze digital assets solutions in Turkey with Aktif ventures

UAE Fuze, a digital assets infrastructure provider has partnered with Turkish based Aktif Ventures, that invests, advices and offers Fintech technologies. Aktif Ventures will utilize the digital asset solutions offered by Fuze to its product portfolio.

With this partnership, Aktif Ventures will be able to provide OTC solutions to CMB intermediaries and banks in the field of large-scale corporate acquisitions and asset management, while also offering KYC and custody processes that comply with the legislation in cooperation with the institutions it is integrated with.

Yasemin Evsahibioğlu, General Manager of Aktif Ventures, said, “As Aktif Ventures, we continue to develop our fintech ecosystem with our leading API marketplace Apilion. I can say that we have developed our new term strategy by focusing on the financial technologies of the future and have achieved an important milestone in our sector with our partnership with Fuze Finance. I believe that with this partnership, we will take on a pioneering role in the crypto field, which is one of the new actors in the fintech world, and make a difference with our products.”

Fuze Finance CEO Mo Ali Yusuf added, “Fuze, has become one of the strongest financial institutions in the region, and it will continue its success in the Turkish market. With our unique DaaS (Digital Asset as a Service) infrastructure, high-volume crypto trading services, OTC services and advanced custody solutions that we offer to financial institutions, we aim to meet the most critical needs of the market with the most reliable and innovative infrastructures.”

The collaboration will leverage Fuze’s suite of offerings, making crypto trading, liquidity management, OTC solutions, wallet/custody services, and real-time portfolio management more accessible than ever.

Banks and intermediaries can now access a secure, fully compliant infrastructure for large-scale institutional transactions, all while seamlessly integrating KYC and custody processes. No hassle, no complexity – just fast, secure, and scalable solutions for the digital age.

Earlier in the year UAE regulated CoinMENA and Fuze were the first crypto exchanges in MENA to be onboarded onto Mastercard Crypto Credential platform that allows crypto exchange users to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses.

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 round, led by Galaxy, with participation from Brevan Howard Digital, Karatage, Token Bay, Pharsalus and others.

Soter headquartered in Abu Dhabi also operates out of Bermuda, with offices in London, New York and Dubai, it was also incubated by UAE based Further Ventures and WebN Group.

The company offers specialized digital asset insurance products for financial institutions, including Asset Loss, Directors & Officers (D&O), and Smart Contract Failure coverage, uniquely denominated in both fiat and native digital assets.

The company as such offers comprehensive insurance solutions tailored to the unique risks of decentralized technologies.

As per the press release, the investment will support Soter Insure’s expansion, bolstering its underwriting and technology teams to scale operations across key markets.

“Our mission at Soter is to set a new standard for risk management in the digital assets space. We are proud to have the support of Galaxy and our other Series A investors as we work to build innovative insurance products that meet the unique needs of the market. With this funding, we’ll continue to expand our offerings and grow our footprint globally, providing clients with trusted and transparent risk management solutions,” said Henson Orser, Founder and CEO of Soter Insure.

Mike Novogratz, Founder and CEO of Galaxy, added, “Galaxy is excited to support Soter Insure in their mission to bring innovative insurance solutions to the digital asset ecosystem. Their tailored approach to risk management meets a crucial industry need, empowering digital asset holders and operators with confidence. We are excited to contribute to their growth and global expansion.”

Hub71 admits Five digital asset startups to Cohort 16

Hub71 admits Five digital asset startups to Cohort 16

Hub71, Abu Dhabi’s global technology ecosystem, has admitted, five digital asset startups out of a total of 27 startups into its latest Cohort 16. The startups span across its three programs: Access, Hub71+ ClimateTech, and Hub71+ Digital Assets. Invoice Mate, Rilla Network, Sustainable Bitcoin Protocol, and 1Money are part of the Digital assets program.

Since the onset of Hub71 the venture ecosystem has support 357 startups, collectively securing over $145 million with an average of $4.9 million per company.

Over 1,300 companies/startups submitted applications. Under the Hub71 Digital assets program was InvoiceMate is a Blockchain & AI powered platform bridging conventional businesses with crypto liquidity, Redbrick is a cloud-based game and metaverse engine using blockchain and AI to streamline creation and distribution for all skill levels, Rilla Network is a decentralized infrastructure that unlocks the hidden potential of live streaming ecosystems while delivering exponential savings, Sustainable Bitcoin Protocol enables institutional investors to embed verifiable clean energy into their Bitcoin holdings—transforming Bitcoin’s distributed energy demand into a catalyst for the global energy transition, and 1Money which is developing the world’s first payment network exclusively designed for stablecoins, and specifically engineered to be the fastest, cheapest, and most compliant.

Among the new participants in Hub71’s Access programme is Vivan Therapeutics, a UK-based precision medicine company developing AI-driven cancer treatments using fruit fly models. The firm has raised US$10 million (AED 36 million) in funding. While in the Climate Tech program is Theion, a German company focused on developing sustainable sulphur-based batteries that can store up to three times more energy than conventional batteries.

Ahmad Ali Alwan, CEO of Hub71, said, “The selection process is highly competitive, reflecting the exceptional calibre of startups in our ecosystem. These companies are advancing innovation across key tech sectors while strengthening Abu Dhabi’s position as a global tech hub.”

The selected companies will benefit from access to Hub71’s network of mentors, partners, and investors, providing them with market opportunities, talent, and capital to support their commercial growth.


Gewan Holding, Zodia markets and Metalpha launch crypto financial services entity in UAE

Gewan Holding, Zodia markets and Metalpha launch crypto financial services entity in UAE

UAE based Gewan Holding, Zodia Markets, a UAE regulated digital asset broker and Metalpha Limited, a digital asset wealth management service provider have launched ZMG7 LLC, which is set to redefine the global digital asset ecosystem.

ZMG7 received its Financial Services Permission from the FSRA in Abu Dhabi Global Market on December 24 2024.

ZMG7 will bring together the expertise and resources of three powerhouses in finance and digital innovation, with each partner bringing their own distinct strength to the partnership.

Utilizing the brokerage and custodial services of Zodia Markets and Metalpha’s crypto derivatives expertise which is serving institutions such as exchanges, mining firms, investment funds, and family offices. Metalpha Limited aims to lead the crypto wealth management industry, driving innovation, transparency, and sustainable growth for its clients worldwide.

Commenting on the launch, Alaa Al Ali, CEO of Gewan Holding, said: “ZMG7 embodies the vision of innovation and collaboration that is central to our values at Gewan Holding. This venture is also a testament to Abu Dhabi’s growing prominence as a global hub for digital assets and financial technology.”

Gewan Holding is also a participant in the digital energy Fund with Hodler Investments out of DIFC Dubai.

Amer Al Osh, Chief Development Officer, Gewan Holding, noted, “By joining forces with Zodia Markets and Metalpha, we aim to unlock unprecedented opportunities in the digital asset landscape, driving its rapid yet sustainable growth across the UAE, the GCC, and beyond.”

Adrian Wang, CEO of Metalpha Limited, further stated, “I’m very excited for our partnership and shared vision of advancing digital assets in the Middle East. Aiming to play a pivotal role to drive mass adoption of digital assets in the region, we look forward to expanding our presence in this dynamic market.”

While Usman Ahmad, Co-Founder and CEO of Zodia Markets, said, “It is a privilege to partner with esteemed institutions like Gewan Holding and Metalpha. Together, our unique capabilities and combined infrastructure will create unparalleled synergies, enabling us to contribute to the growth of the global digital asset markets. .”

29 firms register in Qatar Financial Digital Assets Lab

29 firms register in Qatar Financial Digital Assets Lab

Qatar Financial Centre (QFC) recently published that it witnessed record growth in 2024, welcoming 836 new firms to its platform, a 156 percent growth compared to 2023 as well as 29 firms into its Qatar Digital Assets Lab.

The upsurge brought the total number of QFC firms to 2,489 and the combined assets under management to over USD 33 billion. It also enlarged the QFC community to over 11,700 employees, representing 153 nationalities.

The firms registered in 2024 represent 90 countries, with the largest number of firms coming from the United Kingdom, India, the United States, Jordan, Turkiye, France, Lebanon, and Qatar. These firms span a wide range of activities and industries, including fintech, consulting services, media, IT, and wealth management.

QFC also signed 24 memoranda of understanding in 2024, including agreements with prestigious financial institutions such as Qatar Islamic Bank (QIB), Masraf Al Rayan, Dukhan Bank, The Hashgraph Association, and the Chartered Institute for Securities and Investment. QFC established other significant partnerships during the year, including a memorandum of understanding with Qatar Media City and a collaboration agreement with Qatar Science and Technology Park (QSTP), aimed at facilitating business setup in the State of Qatar

The Digital Assets Lab, which commenced activities with 29 participants, developing unique digital solutions and services based on distributed ledger technology (DLT). To support the program, QFC issued the Digital Assets Framework to regulate digital assets, which includes comprehensive and clear legal guidelines for digital assets creation and regulation, including processes related to tokenization, legal recognition of ownership rights of encryptions and underlying assets, custody arrangements, and transfer and exchange transactions. These initiatives align with the Qatar FinTech Strategy and reinforce the country’s position as a regional leader in financial innovation.

Commenting on the QFC 2024 performance, CEO of QFC Yousuf Mohamed Al Jaida said, “The exceptional growth witnessed by the Qatar Financial Centre in 2024 reflects our commitment to provide a developed and attractive business environment for local and international companies. These achievements would not have been possible without the concerted efforts of all business units, along with close cooperation with our clients, key stakeholders in Qatar and our strategic local and global partners. Over the past year, we have continued to enhance innovation and support economic growth and diversification in Qatar, and we aim to achieve more successes in the coming years.”

DIFC Julius Baer and Euroclear prepare whitepaper on tokenization in wealth transfer

DIFC Julius Baer and Euroclear prepare whitepaper on tokenization in wealth transfer

DIFC Innovation Hub, the start-up and innovation hub operating out of Dubai International Financial Centre (DIFC), a global financial centre in the Middle East, Africa and South Asia (MEASA) region, is collaborating with global Swiss wealth management firm, Julius Baer, and the Financial Market Infrastructure Euroclear, to lead on tackling challenges in the digital asset estate planning space with tokenization of assets being studied for wealth transfer.

The collaborative innovation project, organised by DIFC Innovation Hub, will bring together innovators, investors, and subject matter experts from across the wealth management value chain to explore how families can best use technology to manage rapidly expanding portfolios of tokenized and digital assets.

DIFC’s Innovation Hub experts will work closely with Julius Baer’s global innovation team and Euroclear’s innovation centre of excellence for a three-month sprint that will result in a white paper detailing a future-oriented solution for succession planning relating tokenization applied to multi-generational inheritance. The analysis and subsequent findings will serve as a blueprint for other geographies looking to turn similar challenges into opportunities.

It is estimated that AED 3.67trn (USD 1trn) in assets will be transferred to the next generation in the Middle East over the coming decade. However, only 24 per cent of High-Net-Worth Individuals have a full estate plan in place. Fast adoption of various digital asset classes by individuals and businesses also poses potential complexities to a seamless execution of estate plans currently in place. The DIFC Innovation Hub, Julius Baer and Euroclear collaboration will help bring tangible solutions to this global challenge.

Mohammad Alblooshi, Chief Executive Officer, DIFC Innovation Hub, commented: “The region is witnessing a trend of generational wealth being deployed across a variety of digital asset classes to diversify and future-proof their portfolios. By bringing together global leading entities across wealth management, financial services providers, tech disruptors and regulators, this newly launched innovation project will help transform one of the largest, underserved markets in the region and open doors to a more inclusive and tech enabled future for family businesses and the wealth management industry.”

Alireza Valizadeh, CEO, Julius Baer (Middle East) Ltd, said, “Generational wealth transfer is gaining momentum in the UAE, and we, as Julius Baer, are in a unique position to advise our clients having had our origins as a family business. On the occasion of Julius Baer’s 20-year anniversary in Dubai, I am hoping that this innovation project will showcase how we can work together to stay relevant to our future clients and provide a vision highlighting the evolution of the private banking industry especially with the onset of digital assets.”

Philippe Laurensy, Head of Group Strategy, Product Management and Innovation at Euroclear, added, “As a trusted financial market infrastructure we have a strong commitment to collaborate with the market providing innovative solutions to our clients. We are extremely pleased to be working with DIFC Innovation Hub and Julius Baer on what we see as a transformative journey to address market gaps and create efficiencies by harnessing the power of tokenization. By validating and unlocking the benefits of smart contracts we have the potential to redefine the narrative of wealth management, creating solutions that could span generations.”

In October 2024, The Dubai International Financial Centre (DIFC) Courts in partnership with The Hashgraph Association and its partner in the UAE Deca4 Consultancy launched a DLT Hedera enabled Digital Assets Will solution.

The Digital Assets Will empowers individuals to distribute their digital assets using a non-custodial DIFC Courts wallet. A non-custodial wallet also allows an individual the freedom to reallocate the assets to the desired beneficiaries within their wallet, and for full control to mobilize in and out of the wallet in their lifetime, with assets finally distributed as ‘specific gifts’.

Jordanian government approves crypto regulatory framework

Jordanian government approves crypto regulatory framework

The Jordanian government Cabinet, chaired by Prime Minister Jafar Hassan, has approved the establishment of a comprehensive regulatory framework for virtual and digital assets within one year. The initiative aims to align with global standards and foster a robust digital economy in Jordan.

This decision follows directives from His Majesty King Abdullah II, supported by His Royal Highness Crown Prince Al Hussein bin Abdullah II, to advance the tasks of the National Council for Future Technology. It reflects Jordan’s commitment to modernizing its financial technology sector and empowering innovative Jordanian youth to excel in the digital economy.

As such the Jordan Securities Commission has been tasked with defining the requirements for entities engaging in virtual assets and developing the legal and technical infrastructure to license and regulate global trading platforms. A preliminary study conducted by the commission highlighted the need for a regulatory framework aligned with international standards, focusing on combating financial crimes and ensuring governance.

A ministerial committee, chaired by the Minister of Digital Economy and Entrepreneurship and including key officials from the Central Bank of Jordan, the Jordan Securities Commission, the National Cybersecurity Center, and other entities, has been assigned to address challenges and oversee the regulatory process. The committee’s mandate includes formulating a governance framework that fosters innovation while safeguarding investor interests.

As per the press release, by regulating virtual and digital assets, Jordan seeks to enhance its competitiveness in regional and global markets, attract investments, and create opportunities for local entrepreneurs. The initiative also aims to mitigate risks such as money laundering and cyber threats, ensuring compliance with Financial Action Task Force (FATF) recommendations. Furthermore, the framework will encourage the development of innovative solutions by startups, bolstering the Kingdom’s position as a regional leader in financial technology.

Previously the Jordanian government had approved its blockchain framework for governmental services for 2025.

AIFT creators of UAE OneInfinity Web3 insurer receive additional investments and new board members

AIFT creators of UAE OneInfinity Web3 insurer receive additional investments and new board members

AIFT, and Dubai Insurance, the creators of OneInfinity, the first regulated Web3 and digital asset insurance entity in UAE and Middle East, has received further investments from its partner Dubai Insurance Company and has appointed both Obaid Buti Almulla of Dubai Insurance to its board of directors as well as Tony Chan, the former President of King Abdullah University of Science and Technology in Saudi Arabia, who has joined AIFT’s International Advisory Board.

AIFT and Dubai Insurance have successfully developed OneInfinity, the leading web3 insurance brand, in the Middle East since first joining forces in December 2023. After an initial investment at that time, OneInfinity became the only web3 insurance product to be approved by the Central Bank of the United Arab Emirates.

As per the press release, the partners have now taken their engagement to the next level with a further investment and the appointment of Obaid Buti Almulla to AIFT’s board of directors. The additional funds are being used to expand AIFT’s presence in the Middle East with several new hires already onboard and key executives having relocated to the region.

AIFT’s Middle East strategy will benefit greatly from the expertise and experience of Professor Tony Chan who has joined AIFT’s International Advisory Board. Professor Chan, an expert in computational mathematics and one of the most cited mathematicians in the world, has recently completed 6 years as the President of King Abdullah University of Science and Technology in Saudi Arabia. Among many other positions in the country, Professor Chan served on the Saudi Data and AI Supervisory National Strategy Committee. His insights on AI and digital strategy in the Middle East will be invaluable as AIFT introduces its innovative AI cybersecurity products to the region.

Alvin Kwock, CEO and Co-Founder of AIFT, and Robin Scott, General Manager of Middle East and General Counsel of AIFT, welcomed the two appointments. Alvin said, “It is a great honour for us that AIFT’s progress in the Middle East has been recognised with the support of leading figures in the region such as Obaid and Professor Chan, not to mention the continued financial backing of Dubai Insurance.” Robin added, “When we established our Middle East taskforce in 2023, we identified the region as an essential player globally in AIFT’s focus areas, the mega trends of AI and web3. It is heartening that our market entry has so quickly borne fruit and we look forward to many more successes in the region.”

Obaid Buti Almulla of Dubai Insurance said, “Our partnership with AIFT affirms Dubai Insurance’s commitment to innovation. Obtaining the first and only Central Bank of UAE approval for web3 insurance was a key milestone for us. I look forward to becoming even more involved in AIFT’s mission as a director.”

Professor Tony Chan said, “The Middle East is taking a leading global role in innovation spearheaded by extensive investment and focus on AI. AIFT’s market-leading products and highly experienced team are ideally suited to support the growing high-tech ecosystems in the region, especially the major markets of Saudi Arabia and UAE. I am excited to be part of the journey”.

UAE XRG a Global Game Changer in the digital energy revolution

UAE XRG a Global Game Changer in the digital energy revolution

In the global race to harness computing power, energy has emerged as the defining factor. Nations and organizations alike are accelerating energy infrastructure development to meet the surging demand fueled by data-driven economies. Yet, the path to this energy transformation is fraught with complexities—from securing resources to deploying infrastructure, and finally, commercializing compute capacities for applications such as bitcoin mining and AI workloads. In this context, energy is not just the enabler but the ultimate determinant of success. This is why UAE’s XRG (xrg.com) could be a global game changer.

The Decentralization Dilemma

Can we achieve truly decentralized, sovereign digital economies with global reach when the game is so heavily reliant on power? While the technology exists to enable such an ambitious vision, the question remains whether capital can be directed toward achieving it at scale. With an estimated $1 trillion expected to be invested in energy innovation, there’s an opportunity to build global distributed energy infrastructure using modular and remote compute technologies.

By focusing on underdeveloped and marginalized regions, private capital can drive global connectivity while bypassing the bureaucratic barriers that often stifle innovation. This could foster wealth creation in areas historically disadvantaged by geopolitical agendas.

The UAE’s Digital Energy Vision

A shining example of forward-thinking energy strategy is the United Arab Emirates (UAE). Despite global economic turbulence, the UAE has proven its resilience, emerging stronger post-COVID and in the midst of regional turmoil in surrounding countries, taking a leadership position in the regional virtual asset ecosystem. From Web3 advancements to Bitcoin mining, and now AI, the UAE has embraced technology to fuel economic growth.

However, rapid technological progress also brings challenges—particularly the rising energy consumption associated with AI and deep tech. Addressing this requires bold and forward-looking investments. Enter XRG , a revolutionary international energy investment company launched by Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar.

Global Energy Demand in the AI Era

As Dr. Al Jaber highlighted, global energy demand is set to rise dramatically, increasing from 9,000 GW to 15,000 GW by 2035 and potentially reaching 35,000 GW by 2050—a staggering 250% increase. The rise of AI applications like ChatGPT, which consumes ten times the energy of a single Google search, is accelerating this trajectory.

Without diversified energy solutions, meeting this demand sustainably will be nearly impossible. XRG addresses this by optimizing energy production and usage across the spectrum—from traditional fuels to low-carbon alternatives and advanced infrastructure.

The essence of this challenge lies in the economic implications of insufficient energy infrastructure to power AI deployments. Nations that fail to establish sovereign compute capabilities could face economic stagnation. In the next five years, such nations may struggle to compete globally, reinforcing the urgency of energy-centric national policies.

The following graphs illustrate electricity demand from data centers, artificial intelligence, and digital asset mining worldwide in 2022, with a forecast for 2026, by scenario.

XRG: A Blueprint for the Future

XRG’s innovative structure embodies efficiency and adaptability. Dr. Al Jaber’s vision is rooted in maximizing every energy unit, spark, and joule—a philosophy that aligns with PermianChain’s mantra of “creating wealth from every watt.” By investing in diverse energy technologies, XRG offers a scalable model for nations to secure economic prosperity in the digital age.

At PermianChain, similar principles drive our efforts. Through our global digital energy market, we’ve aggregated over 500 MW of distributed alternative energy projects to serve underserved markets. This approach exemplifies how modern energy investments can transform underdeveloped regions by accelerating digital transformation and fostering exponential growth.

The Role of Innovation in Efficiency

Innovation is not just about finding new energy sources but about optimizing existing systems. For instance, NEXGEN, one of our companies, aligns closely with EXERGY’s strategy by adopting cutting-edge technologies to maximize energy efficiency. As global energy demand rises, such approaches will be critical, particularly in energy-intensive sectors like AI computing.

Equity in Energy Access

Equity in energy access is essential for global progress. With over 1.7 billion people living off-grid or without reliable utility connectivity, vast populations are excluded from the potential of digital economies. Distributed energy solutions offer a pathway to bridge this gap, enabling marginalized communities to participate in and benefit from the global digital revolution.

The Path Forward

By embracing a diversified and efficiency-driven approach will require collaboration, innovation, and a relentless commitment to sustainability from industry stakeholders and global public and private capital markets.

As Dr. Al Jaber rightly emphasized, reliance on a single energy source is not a viable solution. Instead, a comprehensive strategy combining traditional and emerging technologies is imperative. Only by taking this holistic approach can we meet the demands of an increasingly interconnected and data-driven world while preserving the planet for future generations.

Conclusion

The launch of XRG is more than an investment in energy; it’s an investment in the future. By championing distributed, efficient, and inclusive energy systems, the UAE is leading the charge in creating a sustainable digital economy. As nations navigate the complexities of energy transformation, the new digital energy frontier offers a powerful blueprint for aligning innovation with equity and sustainability.

In a world where energy is the key to unlocking economic growth, it’s time for global leaders to prioritize bold and forward-thinking strategies. Only then can we truly harness the potential of the digital age while ensuring prosperity for all.

Written by Mohamed El Masri, Founder of PermianChain and originally published in his blog.

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