UAE asset Manager SHUAA Capital enters tokenization era

UAE based SHUAA Capital, a financial services entity offering asset management and investment banking services has entered the age of tokenization as it has hired Faris Mesmar to lead the build out of the firm’s tokenization and digital distribution platform.

As per Mesmar’s LinkedIn post, the platform under development will expand access to SHUAA’s institutional-grade assets for global retail and accredited investors. He notes that this will position the firm at the forefront of regulated digital asset innovation in the UAE.

He states, “I’ll be taking on this mandate as Head of Business Growth and Strategic Partnerships.”

SHUAA Capital, 47 years old has close to $14 billion in aggregate AUM at scale. It has xxplored blockchain and digital asset frameworks via initiatives like the Abu Dhabi Global Market (ADGM) Innovation Challenge,

It has played a major role in growing landmark regional companies and their IPOs including Aramex, Air Arabia, DP World and stands today as one of the region’s leading asset management and investment banking firms.