Category: Uncategorized

UAE Securrency Capital receives digital asset trading license from ADGM

UAE Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM),in UAE has secured a Financial Services Permission (FSP) allowing it to trade digital assets and provide custody services from ADGM’s Financial Services Regulatory Authority (FSRA). The license allows Securrency to deal in investments as a matched principal and provide custody for those investments. […]

UAE entity launches first Metaverse Incubator in Middle East

UAE entity, MetaIncubator, launches the first Metaverse Incubator in the Middle East with the goal to incubate early-stage Metaverse and Web3 projects. As per their announcement, MetaIncubator aligns with the Dubai government’s digital strategy and provides engineering, tokenomics, marketing, and investment services to startups. It also helps startups that want to get into the growing […]

UAE Royal Strategic partners to create 1 billion USD Blockchain fund with Korean Entity

UAE Royal Strategic Partners, a subsidiary of Abu Dhabi Capital Group (ADCG), Korea NFT Contents Association and Korean Hillstone Partners, investor in blockchain and crypto projects which funds Hillstone Finance, have agreed to create a joint venture fund for investment in NFT ( Non Fungible Tokens), blockchain, crypto and the Metaverse. The fund which should […]

MENA Investcorp firm launched blockchain fund

MENA headquartered Investcorp, global alternative investments firm, launched eLydian Lion, the first dedicated institutional blockchain fund based in the GCC, with a global investment mandate (the “Fund”). The Blockchain ELydian Lion Fund, which will be led from Investcorp’s Abu Dhabi office UAE office, will be deployed globally and will focus on investments in companies leading […]

UAE National Library and Archives launched NFT collection

The UAE National Library and Archives has launched a collection of NFTs using Blockchain technology with the aim of preserving the intellectual property rights of its various archives. These archives include messages, letters, and agreements, which are now launched as NFTs using Blockchain. These documents include valuable historical documents and the UAE National Library is […]

UAE Advertising agency uses NFTs to free Egyptian women

UAE Horizon FCB advertising agency launched a campaign which uses NFTs ( Non Fungible tokens) and Blockchain to release Egyptian women who have unpaid fines from prison. The campaign is in association with Children of Female Prisoners Association. Tens of thousands of women are sent to prison in Egypt every year. Their crime? Not being […]

UAE HBKDOP and Nexum launch Blockchain carbon credits platform

Nexum UAE HBKDOP ,Sheikh Hamad Bin Khalifa Bin Mohammed Al Nahyan, and The Climate Group Africa launch Blockchain carbon credits exchange platform in Kenya. In partnership with HBKDOP Dubai, UAE, and The Climate Group Africa Limited, Kenya, they will develop an online carbon credits exchange that will act as the exclusive market conduit for the […]

Investments in crypto space to reach 500 million USD in GCC

A recent Arab News article which showcased how crypto is going mainstream confirms that investments in crypto space will reach 500 million USD across GCC in 2022. Crypto has gone mainstream within a very short span of time as the Middle East region is making major strides in digital assets with a slew of new […]

UAE ADGM grants Binance a second In principle virtual license in UAE

UAE ADGM grants Binance, blockchain and cryptocurrency exchange, its second in Principle license in UAE. ADGM has granted an In-Principle Approval (IPA) for a Financial Services Permission (FSP) to operate as a broker-dealer in virtual assets. ADGM, the International Financial Centre in the capital of the United Arab Emirates (UAE), introduced the world’s first comprehensive […]