48 Percent of UAE crypto users lack trust in crypto exchanges

48 Percent of UAE crypto users lack trust in crypto exchanges

According to the recent Kucoin Survey report The Cryptoverse,Understanding Crypto Users in the UAE, which revealed insights into the UAE’s role as a crypto hub, it was found that 48 percent of UAE crypto users are concerned about lack of trust in crypto exchanges, with 63 percent of them prioritizing security.

In addition, only 72 percent preferred Bitcoin as a crypto investment, followed by Ethereum at 52 percent, and stablecoins at 42 percent.

32% of respondents cite a lack of crypto education and awareness as the region’s top challenge.

In terms of crypto investment, 13 percent of those surveyed had invested more than $10,000 , while 26 percent invested between $1,000 $0,000 while 51 percent invested below $1000.

A significant portion of respondents (35%) are drawn to crypto as a means to diversify investment portfolios, and 11% are primarily motivated by the desire to hedge against inflation. This signifies an awareness among UAE investors of the importance of crypto in risk management and growing wealth, which is a critical in a global financial environment where fiat currencies are often affected by inflationary pressures.

29% of the respondents find crypto to be a convenient way to hold their assets, especially when compared to traditional banks, as crypto is being recognized with many more uses beyond mere financial investment. 22% engage in crypto for daily payments and transactions, 12% for cross-border remittances, and 9% for buying NFTs and other digital assets. This underscored the practicality and efficiency that crypto offer as an alternative to traditional financial services.

As per Kucoin, the survey showcases a strong appetite among UAE crypto users for real-world applications beyond investment, with 40% expressing a preference for crypto in cross-border remittances and daily transactions, signifying crypto’s potential to revolutionize financial interactions in the region.

The report highlights user perceptions regarding the UAE’s advantages for crypto industry development, with 53% citing access to funding as the top advantage, closely followed by a robust financial infrastructure and global network, positioning the UAE as an attractive destination for crypto entrepreneurs and businesses seeking growth.

In addition the findings reveal that 62% of UAE crypto users are eager for the integration of AI and blockchain technologies, showcasing the UAE’s forward-looking approach to crypto innovation.

The 17th edition of the report series, offers essential insights into the UAE crypto market. This comprehensive report is based on feedback from crypto investors in the UAE, highlighting their pressing need for trust, security, crypto education, and their profound interest in crypto innovation. Moreover, the survey reaffirms the UAE’s growing recognition as a cryptocurrency hub.

Alicia Kao, Managing Director of KuCoin, highlighted the significance of the report, stating, “Our survey has unveiled the pressing needs and aspirations of the UAE’s crypto community. Trust, security, and education are at the core of their concerns. This report not only illuminates their preferences but also solidifies the UAE’s position as a leader in the crypto revolution, with a dominant 72% preference for Bitcoin and a strong appetite for blockchain and AI integration. The UAE’s advantages, including access to funding, a robust financial infrastructure, and a global network, set the stage for the country’s crypto industry to flourish.”

Blockchain settlement entity WadzPay receives initial regulatory approval in UAE

Blockchain settlement entity WadzPay receives initial regulatory approval in UAE

WadzPay has been granted “Initial Approval” by Dubai’s Virtual Assets Regulatory Authority (VARA), marking a pivotal step in Wad pay’s journey towards obtaining a Virtual Asset Service Provider (VASP) License for virtual asset services and activities.

“We are immensely honored to have received initial approval from VARA,” said Mr. Anish Jain, Founder and Group CEO of WadzPay. “This recognition reaffirms our commitment to delivering cutting-edge blockchain-based solutions that not only revolutionize but also adhere to the highest regulatory standards. We are grateful for the opportunity to contribute to the growth of the fintech ecosystem in the UAE.”

This Initial Approval is a key milestone and allows WadzPay to commence preparations for the provision of virtual asset services and activities under the VASP License for Transfer & Settlement and Broker/Dealer activities.

“Receiving VARA’s initial approval is a testament to our unwavering dedication to regulatory and compliance excellence,” said Mr. Khaled Moharem, President – MENA at WadzPay. “We’ve built a robust ecosystem that not only meets but exceeds industry standards, guaranteeing a safe and efficient gateway to virtual assets for users in the UAE. We’re poised to launch with strict adherence to VARA’s requirements, ushering in a new era of secure and seamless access to the world of virtual assets.”

While the initial approval is a pivotal achievement, WadzPay emphasizes that it is still in the process of working towards receiving the final approval from VARA and the VASP license. This progression marks a crucial step towards obtaining the necessary regulatory green light to fully operate within the UAE and bring its innovative products and solutions to life.

Prior to this WadzPay Founder Anish Jain had announced that WadzPay had made strides on the licensing front and are in the “final stages”. In addition he added that WPC token would be listed on a Tier1 regulated exchange in the Middle East.

WadzPay, an interoperable blockchain-based technology provider, had also launched the WadzPay 2.0 which it believes will redefine the landscape of virtual asset-based transactions. WadzPay 2.0 provides a unique new architecture primarily based on the Algorand blockchain with inbuilt support for several others such as Ethereum, Tron, Avalanche and several others to be added. WadzPay 2.0 construct is designed in line with evolving regulations and needs of banks, financial institutions, telcos and central banks.

Qatar launches “QFC Innovation Dome” for Digital assets to tokenize securities, real estate, bonds, shares on Blockchain

Qatar launches “QFC Innovation Dome” for Digital assets to tokenize securities, real estate, bonds, shares on Blockchain

On Sunday October 29th, Qatar announced one of the biggest digital assets initiatives in the country and the GCC region, the Qatar Innovation Dome for digital assets. As per the live event keynotes, the digital assets lab will develop tokenization platforms and ecosystems for everything that has value whether tangible assets or intangible assets including real estate assets, securities, Sukuk, bonds and others in the future utilizing DLT ( distributed ledger technologies), blockchain, and smart contracts.

Present at the launch was His Excellency Sheikh Bandar bin Mohammed bin Saoud Al-Thani, Governor, Qatar Central Bank, and His Excellency Sheikh Mohammed Bin Hamad Bin Qassim Al-Abdullah Al-Thani, Minister of Commerce and Industry.

Bandar bin Mohamed bin Saud Al-Thani, The Governor and Chairman of the Board of Directors of Qatar Central Bank noted in his speech, “ It is my pleasure to be at the launch of the Digital Assets Lab where as a country we are working to discover new tools to increase, enhance our competencies and capabilities in the digital sector. We have achieved strides in digital technology through a number of initiatives chief among them is electronic KYC ( Know your Customers) ad are working to develop and establish an ecosystem for startups and new companies to enhance the role of KYC.”

He added, “We are encouraging entrepreneurship as part and parcel of new financial technology strategy with local, regional and international customers with initiatives such as blockchain and digital assets. These are steps in the direction with initial modules for digital assets, modern databases, and increased internet speed as such as welcome collaboration for the sustainable development of the state of Qatar.”

Yousuf Mohamed Al-Jaida Board Member and Chief Executive Officer of Qatar Financial Centre in his speech offered a detailed explanation on the technology relevant to this lab, the benefits, pillars and the coding system and tokenization process. He explained, “The digital assets projects leans on three Qatar National strategies, the Qatar National Vision 2030, the Qatar Financial Center strategy and the fintech strategy of the state of Qatar, which aims to make the country a financial commercial hub 2030.”

He explained, “Tokenization is the process of creating tokens that represent tangible and intangible assets using DLT. The tokens could represent tangible assets such as real-estate or intangible assets such as securities. We will also work on fractionalization of assets, and will allow property to be part of those tokenized assets democratizing the process of investment.”

He added, “Smart contract, which are self-implementing contracts built on cryptographic programming systems, will allow the transfer of property, in distributed format.”

He discussed how DLT is an innovative technology that registers transactions, and can be expanded to include investment opportunities. As per Al Jaida, in the first phase tokenization will verify property, second will entail economy of tokens, third will entail development of smart contracts and the application which will manage these digitized tokens after which they will be offered on secondary markets.

As per the objectives of the digital assets lab, it will reinforce innovation and research as well as the establishment of DLT enabled startups, and companies, helping participants transform their ideas into tangible reality. Al Jaida states, “Participants in the digital assets lab will have three to six months to test their ideas, where they will have to meet feasibility requirements, benefits towards fintech ecosystem in Qatar before they graduate.”

The Digital asset lab will offer technology support, operational support, where startups and companies can cooperate with experts, regulators, test their use cases and register their businesses and receive licenses, offering the support from pilot to company formation allowing them to operate in Qatar’s fintech ecosystem.

Al Jaida announced that one of the first use cases to be explored within the digital assets lab will be tokenized carbon assets. He goes on to state, “Secondly will be tokenizing private company shares to facilitate trading and management of these shares, as well as transforming Sukuk bonds into digital assets in addition to tokenized real estate to facilitate the buying and selling of real estate assets.”

He called for continuous suggestions on what else can be tokenized moving forward as well as input into the regulations for digital asset ecosystem.

He then announced the name of the lab, which is the “QFC Innovation Dome”

Michael G. Ryan, the Chief Executive Officer at Qatar Financial Center Regulatory Authority, believes that the digital asset economy has a transformative nature and cooperation will be essential because as promising as it is, it also faces challenges.

He believes that with the equilibrium between innovation and regulatory oversight, confidence and trust will prevail among investors and firms. This is why the digital assets framework that QFCR has developed requires the engagement of all participants. He called for feedback on the digital assets public consultation paper announced in early October 2023, which will be open until January 2nd 2024, as these feedback will play a strong role in their policy decisions.

One of the Blockchain entities participating in QFC Innovation dome is R3. Bryan D’Souza Strategic Alliances & Partner Ecosystem Lead for EMEA at R3 stated in a comment made on the live LinkedIn event, “R3 is proud to be partnering with the QFC for this exciting Digital Assets Lab initiative.” Settlemint Blockchain is also one of the participants.

Prior to this The Qatar, Ministry of Finance, signed an agreement  with the World Economic Forum (WEF) to establish a “Centre of Excellence for the Fourth Industrial Revolution” in Qatar that will help to foster an environment for research and development in technologies that include AI ( artificial intelligence), blockchain, IoT (Internet of Things), renewable energy and others.

NEOM new investment arm NIF invests in Animoca Brands the creators of the Sandbox metaverse

NEOM new investment arm NIF invests in Animoca Brands the creators of the Sandbox metaverse

NEOM has inaugurated its strategic investment arm, the NEOM Investment Fund (NIF), NEOM’s wholly owned subsidiary which is set up to support the buildout and development of NEOM’s 14 priority sectors of which technology and digital are an integral part.

NIF will invest globally through Mergers & Acquisitions and venture capital in technology startups, with a clear focus on pioneering growth companies and next-generation industries.  NIF will also develop Joint Ventures and partnerships with large multinationals, institutional investors and innovators within NEOM.

As part of its inauguration, NIF is announcing new investments in companies including Pony.ai, Regent, Boom Technology, BlueNalu and Animoca Brands, details of which will be shared in the coming days. These investments, which add to those NIF has led to date, illustrate its role working alongside NEOM sectors to support their strategies for growth, enabling new technologies, establishing businesses, and creating a thriving economy in NEOM.

Nadhmi Al-Nasr, CEO of NEOM said: “The vision of NEOM is to address global challenges that redefine livability, conservation and business. As NEOM’s strategic investment subsidiary, NIF will play a critical role in converting NEOM’s vision to reality. NIF will enable NEOM to sustain its contribution to realizing the ambitions of the Kingdom over the long term, cementing its position as a key driver of economic diversification and job creation.”

Majid Mufti, CEO of NEOM Investment Fund, said,“The NIF strategy is designed to align NEOM’s development objectives with those of innovators and institutional investors, de-risking opportunities for them to participate in creating core global growth businesses and a thriving economy in NEOM. To date, NIF has invested in several technology companies within the 14 priority sectors of NEOM that will accelerate technologies critical to the NEOM project and have a major impact on the future of living and sustainability. Replicated over time, this approach will position NEOM as a model for sustainable economic development.”

As a catalyst for change, NIF actively seeks deep partnerships with likeminded investors and bold entrepreneurs working on the world’s most complex problems, in line with NEOM’s vision. It aspires to create regional and global champion companies across NEOM’s 14 economic sectors by investing in commercially viable projects and ‘moonshot’ ideas enabled by cutting edge technologies. To accelerate the change, NIF will focus on developing investment opportunities for the private sector to participate in and will directly invest to unlock solutions that would be piloted and scaled-up in NEOM, and eventually exported to the world.

As part of its mandate, NIF will also be assuming the role of portfolio manager for NEOM’s sector assets and companies. This role will safeguard returns for the shareholder and investors through portfolio synergies and will underpin NEOM’s long-term financial sustainability.

UAE well-known Blockchain crypto entrepreneur and investor Saeed Al Darmaki joins BoCG ventures

UAE well-known Blockchain crypto entrepreneur and investor Saeed Al Darmaki joins BoCG ventures

Saeed Al Darkmaki, a UAE national well known in the crypto, blockchain and DeFi circles as an entrepreneur and investor has joined BoCG, a Venture firm focused on an Arabian Peninsula Fund in MENA region, to oversee the growth of blockchain-based venture portfolios seeking the next stage of growth through their Venture Operating Model (VOM).

As per the announcement, Al Darmaki, renowned for his role as CEO of Sheesha Finance, a decentralized cryptocurrency platform aiming to bridge the gap between DeFi and traditional financial markets, brings invaluable expertise to the table as a prominent figure in the blockchain and cryptocurrency industry.

Under Al Darmaki’s leadership, Sheesha Finance has gained recognition for its unique approach to DeFi. The platform offers investors access to a diverse portfolio of promising projects, allowing them to participate in early-stage investments and receive rewards in the form of Sheesha Finance’s native tokens.

Al Darmaki’s impressive career trajectory commenced in October 2009 at the Abu Dhabi Investment Authority (ADIA), where he served as an Operations Specialist before transitioning to the role of Fixed Income & Treasury Specialist in May 2013. With a desire to explore the evolving cryptocurrency and digital asset landscape, he co-founded Alphabit in January 2017—a dynamically managed investment fund. His market knowledge and experience positioned him as Managing Director at Alphabit, where he provided invaluable guidance and mentorship to blockchain entrepreneurs across finance and business development domains.

Beyond Alphabit, Al Darmaki’s influence extended as Chairman of eGovern, a distinguished UAE-based company, collaborating closely with governments and corporations to identify and implement tailored blockchain solutions that address pressing challenges and drive digital transformation. In 2021, he further expanded his portfolio as the Managing Director for the MENA region at Casper Labs, empowering him to deliver enterprise-grade blockchain solutions to meet the growing demand in the market.

“With the addition of Saeed Al Darmaki to our team, we will accelerate our efforts to scale our Venture Operating Model and Antifragile thesis in the Middle East. Saeed and our team have a deep and intrinsic desire to empower local Emiratis and the next generation of scalable companies in the Arabian Peninsula. With our collective expertise in finance, investments, and technology, we believe the GCC and MENA regions will excel in developing a healthy public and private market grounded by fundamentals. Saeed has already made a significant impact in driving the future of digital assets and we are excited to join forces to bring in another pivotal force to the region.” – Lyon Kassab, BoCG Ventures Managing Partner

In his role as a Board Advisor to BoCG Ventures, Al Darmaki will oversee the growth of blockchain-based venture portfolios seeking the next stage of growth through their Venture Operating Model (VOM). Additionally, he will contribute to developing the limited partner base, engaging forward-thinking investors and sovereign wealth funds in the GCC and MENA regions. Al Darmaki’s mission is to bridge traditional investment capital with scalable companies while empowering second and third-generation entrepreneurs to synergize with BoCG Ventures’ core value proposition of integrated teams and technology-driven scale.

“Since our first meeting, I was fully aligned and impressed with the pattern recognition that has driven the BoCG Ventures team to the Middle East. Their antifragile thesis and philosophical underpinnings show a deep understanding of history, geopolitics, macroeconomic trends, and a foundation of human capacity building. As an avid early stage investor, I am well aware of the value creation that their Venture Operating Model can bring to companies and to the future of the GCC and MENA regions. I am thrilled to be in a position to help BoCG Ventures instill their entrepreneurial influence while simultaneously driving local innovation.” – Saeed Al Darmaki

Throughout his career, Saeed has held notable positions such as Managing Director at Binary Financial and occupied board seats at esteemed entities including DEX, RealEx, MENA Fintech Association, BeMobi, Jahani & Associates, LEAD Ventures, Royale Finance, Artha, PAID Network, and Kenzi Wealth. These roles have not only granted him valuable insights into the crypto/blockchain landscape but have also facilitated the cultivation of a robust network, exponentially augmenting his market knowledge. It was in June 2018 that Saeed elected to depart from ADIA, dedicating his full focus to the burgeoning crypto/blockchain industry.

Synechron opens office in Saudi Arabia to drive Fintech solutions using AI Blockchain and other technologies

Synechron opens office in Saudi Arabia to drive Fintech solutions using AI Blockchain and other technologies

Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations which works with emerging technologies such as AI, Blockchain and others has opened its new office located in Riyadh, the Kingdom of Saudi Arabia’s (“KSA”). The new office will enable Synechron to expand its array of key services to multiple banking and technology firms within the Middle East. This marks the 44th office Synechron maintains across 19 countries.

Synechron currently operates two offices in the United Arab Emirates, respectively in Dubai and Abu Dhabi. In recent years, KSA has experienced a transformation of its banking and financial technology sectors, presenting an opportunity for Synechron to scale up its business to support the growth of these sectors. Riyadh, the capital of KSA, was selected for the location of this office as it is at the epicenter of where multiple banking and telecom companies maintain their head offices.

The firm has previously executed projects in KSA, including building a digital branch for a global bank, and currently provides payments-related services for another financial firm.

Faisal Husain, Synechron’s Co-founder and CEO, said of the new office opening, “We are excited to join the Riyadh business community and establish Synechron as a key participant in KSA’s financial services industry, while contributing to the region’s vision and growth. With our expanded footprint, we are able to more closely collaborate with our clients and better enable their digital technology-led business transformation.”

Suhail Basit, Managing Director and Head of Synechron’s MENA Business, added, “We are pleased to expand our presence into KSA and look forward to welcoming a local workforce of talented individuals with the knowledge, skills and passion to work in tandem with our global exerts. We are investing in senior talent to lead our ongoing initiatives and to bring in the desired growth from this fast-growing market. Together, we will develop the customized business solutions that our existing and prospective clients require to scale their businesses. This includes bringing advanced methodologies and tools for Digital Transformation, Data and Analytics, Artificial Intelligence, and more.”

DIFC Courts partners with RAK digital assets Oasis for greater digital economy services awareness

DIFC Courts partners with RAK digital assets Oasis for greater digital economy services awareness

The UAE Dubai International Financial Centre (DIFC) Courts has signed an agreement with Ras Al Khaimah Digital Assets Oasis (RAK DAO) the world’s first and only common law free zone dedicated to global digital and virtual assets companies, to drive greater awareness of DIFC Courts digital economy services to businesses operating within Ras Al Khaimah’s newly launched digital economy freezone.

The memorandum will foster closer cooperation on projects and initiatives designed to boost the UAE’s vision for a thriving digital economy and support economic ambitions. The agreement will also promote closer alignment and collaboration across specific digital economy services provided by both organizations.

The DIFC Courts is currently operating on a new roadmap for the years 2022-2024, which includes a strategic work plan that brings more national cohesion to the Courts’ projects and initiatives in line with the ‘D33’ economic agenda and the Dubai Digital Strategy. This in turn is providing effective support for both the federal and local Dubai strategic goals.

His Excellency Justice Omar Al Mheiri, Director, DIFC Courts, said, “Expectations from the private sector increasingly require the bold engagement of public service. By combining a modern and flexible digital infrastructure with judicial and service excellence, the DIFC Courts will continue to align our operations with the national agenda. As the UAE begins to nurture new digital economy verticals, the number of foreign organisations entering the market will inevitably increase. The DIFC Courts and RAK Digital Assets Oasis will collaborate through this agreement to assure these businesses that we remain on standby to accommodate the growing digital economy and resolve new types of cases and disputes.”

Dr Sameer Al Ansari, Chief Executive Officer, RAK Digital Assets Oasis, said: “We are thrilled to partner with the DIFC Courts. This collaboration marks a significant step in fostering a more dynamic digital ecosystem within our newly established free zone in Ras Al Khaimah. We believe that this partnership will greatly enhance the accessibility and awareness of the DIFC Courts’ digital economy services, providing valuable support to the companies of the future in our thriving digital oasis.”

RAK DAO is the world’s first and only common law free zone dedicated to global digital and virtual assets companies, empowering innovators in their journey to build the future of Web3 and blockchain technology across industries, promising to disrupt traditional business models and unlock the full potential of digital assets.

In 2021, the DIFC Courts confirmed the launch of a new Division. The international Digital Economy Court (DEC) simplifies the settlement process of complex civil and commercial disputes related to the digital economy, reviewing national and international claims related to current and emerging technologies, including big data, blockchain, cryptocurrencies, artificial intelligence, and cloud services.

The Digital Economy Court is a global initiative that operates in parallel, helping to build a new judicial support network to serve the stringent demands of digital transformation and adoption. Leading international judicial expertise has been recruited to oversee and operate the new Court’s cutting-edge digital infrastructure and service capabilities, complementing an existing portfolio of specialised Divisions, including the Technology & Construction Division and the Arbitration Division, launched by the DIFC Courts to serve an expanding demand for judicial expertise across sector-specific cases.

The launch of the new Division also signals to the international business community the intent of Dubai and the UAE to play a leading role in advancing its judicial systems to specifically direct capacity and capability to resolving digital economy-related disputes, whilst also utilizing some of the very same cutting-edge technologies to enable greater efficiency of service to the public.

3,000 Bahrain retailers now offer crypto payments with Binance Pay

3,000 Bahrain retailers now offer crypto payments with Binance Pay

Binance Pay has announced that it is now offering its cryptocurrency transaction platform with over 3,000 Bahrain retailers. Binance pay is working with online as well as physical store to offer secure crypto payments.

The Bahrain retailers include names such as Sharaf DG, the electronic retailer in Bahrain. In addition to local fast food chain Jasmis, as well as STC Bahrain, LuLu HyperMarket, Dose Café, Al Zin Jewellry, Salmabad, Wadi Al Sail and Hawar, petrol stations, Pet Arabia, Premier Motors Showroom, Reebok store and many more.

As per the announcement, “With the continuously growing adoption of blockchain technology and digital currencies, this revolution is just the beginning. Be part of it by supporting these merchants and making a transaction the Binance way!”

In January 2023 Binance celebrated its official entrance into Bahrain. Binance received its official license in October 2022. On entrance Binance Pay partnered with Bahrain Eazy Pay to introduce crypto payments for Bahrain real estate developer Bin Faqeeh Real estate Investment.

Binance also launched crypto futures products in Bahrain after receiving regulatory permission.  With this Binance Bahrain BSC became the first regulated exchange in the region to offer these services and the only exchange with a CAT4 license.

This came after Binance suspended its crypto debit card services in Latin America and the Middle East from Aug. 25. The crypto debit card services in Latin America and the Middle East were terminated Sept. 21, but the exchange claimed refunds and disputes could still be processed until Dec. 20, 2023.

UAE Verofax and Bantgo utilize blockchain to tokenize recycling ewaste rewards

UAE Verofax and Bantgo utilize blockchain to tokenize recycling ewaste rewards

UAE based BANTgo and Verofax have collaborated to enhance e-waste collection.  The partnership seeks to galvanize the masses into responsible recycling by rewarding their endeavors with tokenized incentives.

Verofax, was awarded the GITEX Supernova Web3 and Blockchain award, introduces its innovative technology to this eco-initiative. The venture encompasses the deployment of advanced smart bins explicitly designed for e-waste collection.  These bins are equipped with a validation system to ensure accurate assessment of the electronic devices being recycled, determining their equivalence in terms of recoverable materials.

BANTgo, renowned for its expertise in the blockchain domain, steps in to fortify this eco-friendly initiative. Recognizing and endorsing the responsible recycling behavior of individuals, BANTgo offers digital blockchain certificates. These certificates, apart from serving as a testament to the individual’s eco-contribution, also act as a robust incentive, encouraging more to tread the path of responsible recycling.

The synthesis of Verofax’s product validation and BANTgo’s blockchain creates a robust mechanism. This not only facilitates transparency in e-waste recycling but also ensures that individuals are appropriately acknowledged and rewarded for their proactive environmental actions.

Siarhei Zhyltsou, CEO of BANTgo, commented on this collaboration, “The alliance between BANTgo and Verofax is not just transformative but also imperative for our times. Encouraging responsible recycling through tangible rewards sets a new standard in environmental initiatives.”

Wassim Merheby, CEO of Verofax, shared his enthusiasm, “Pairing with BANTgo is a testament to Verofax’s commitment to leverage its technology for pressing global challenges. Together, we’re paving the way for a sustainable future, where technology and eco-responsibility converge.”

UAE FD Capital holds blockchain investor day

UAE FD Capital holds blockchain investor day

UAE based FD Capital, a blockchain-focused investment company that empowers investors by providing access to the rapidly evolving blockchain industry  is holding an investor day under the title “ Chains Beyond Borders” on November 1st 2023 in Dubai UAE. The event will explore blockchain technology showcasing latest updates and insights from seasoned investors and experts.

This event features a notable lineup of speakers from the blockchain industry, with keynote speakers including Robert Edward Grant, the Founder of Crown Holdings, and Evan Luthra, a Parallel Entrepreneur and Angel Investor. Other speakers include individuals like Aishwary Gupta, Matt Schmenk, Fabio Tomaschett, Kyle Rojas, Mehmet Buyukakarsu, and more, bringing diverse expertise representing different aspects and ecosystems within the blockchain landscape.  Dariia Vasylieva, the Founder and CEO of FD CAPITAL, will moderate the event.

“Our unwavering vision in the ever-changing landscape of Investments vs. Turbulence is clear: By transcending borders, we empower the community to unleash its potential and create a transformative impact in the blockchain industry and beyond, forging new investment opportunities and strategic partnerships” Dariia Vasylieva, the Founder and CEO of FD CAPITAL said.

This event is proudly supported by partners Cypher Capital, Albus Protocol, GOSH, and Aureli Ventures, as well as media partners Luna PR, IBC Group, AIBC,  Pro-blockchain Media, BeInCrypto, SalAd Lab, cryptorank, TheNewsCrypto,  VNTR,  CoinEasy, BlockDelta,  Syndika, Heir Story, MonteCrypto, Crypto Data Space, BlockBeats and more.

Taking place in the Cypher Capital Hub in Dubai, this event will also be available through a special online segment via Zoom, which ensures accessibility for a global audience. The Zoom link will be sent to approved registered guests, making it a truly exclusive experience.

FD CAPITAL’s mission is to empower investors with access to the fast-evolving blockchain industry, bridging the gap between traditional finance and Web3 to unlock the vast potential of blockchain technology.