UAE Changer and UPay Global partner for compliant fiat crypto conversions
Changer.ae Limited (“Changer”), a regulated virtual asset custodian based in Abu Dhabi Global Market (the “ADGM”), in the UAW signed a Memorandum of Understanding (the “MOU”) with UPAY Global Technology L.L.C (“UPay”), a UAE-incorporated technology company providing blockchain infrastructure, IT systems, and FinTech software solutions to explore integrating compliant digital asset conversions within Changer.
Both entities believe in enabling seamless fiat to crypto interoperability and seek to utilize Changer’s regulated custody and settlement solutions with UPay’s digital wallet technology, making digital asset conversions compliant and frictionless.
This initiative is expected to significantly enhance liquidity and accessibility for both individual and corporate users, supporting broader adoption of digital assets within regulated financial ecosystems.
In addition, the partnership will explore the deployment of UPay’s next-generation infrastructure to empower Changer’s clients. This includes evaluating a range of innovative digital asset programs that enable users to utilize digital assets instantly on a global scale, backed by Changer’s secure and institutional-grade custody framework.
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