Inacta Blockchain and TokenGate open operations in UAE
Inacta Group, Zug, Blockchain Digital transformation provider founded in 2009 by Marco Bumbacher and Ralf Glabischnig, along with its venture Tokengate that focuses on tokenization by introducing it to different areas such as real estate, commodities, art, sports and entertainment, set up operations in UAE as part of the Crypto Oasis ecosystem. Inacta is an […]
Rain crypto exchange raises 110 million USD in Series B Funding
Bahrain based Rain, a leading cryptocurrency company, has raised USD 110 million in its Series B funding. The round was co-led by Paradigm and Kleiner Perkins with participation from numerous parties including Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCOand CMT Digital. Founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia […]
UAE Government entity launches Blockchain VERIFY Digital platform
The UAE Telecommunications and Digital Regulatory Authority ( TDRA) has launched the Blockchain VERIFY digital platform. The UAE VERIFY blockchain enabled digital platform enables instant verification of any user’s digital Trusted Document. A Digital Trusted Document on the VERIFY platform is a document issued by VERIFY Partners , where its data is digested into a hash and […]
KSA Based Quara Blockchain introduces blockchain NFT ticketing solution
KSA based Blockchain entity Quara Blockchain, a subsidiary of Quara Holding, has partnered with B.A.M Ticketing, a blockchain ticketing technology provider to offer Blockchain NFT ticketing solution in Saudi Arabia. The new partnership between Quara Blockchain, a subsidiary venture to Quara Holding, aims to empower all event organisers in Saudi Arabia with complete ticket control […]
UAE Based ZorroSign introduces six new features to blockchain platform
UAE based Blockchain enabled ZorroSign, Inc., which offers digital signature solutions has announced a six-feature integrated technology package on its blockchain platform. The platform uniquely unites superior digital privacy and security with legally compliant digital signatures and an immutable chain of custody for individuals, organizations, governments, and businesses worldwide. “Our ZorroSign platform unites blockchain-based digital […]
Qatar Investment Authority invests in crypto payments company Checkout.com
Checkout.com has raised $1 billion in its Series D funding round at a valuation of $40 billion. Qatar Investment Authority, Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, Tiger Global, the Oxford Endowment Fund, where some of the investors, in addition to another large west coast mutual fund management firm. Several of the company’s other existing […]
UAE based Capex, crypto broker appoints new Chief Marketing officer for MENA
UAE based CAPEX.com, the leading global multi-licensed broker for crypto and other products, operated by Key Way Markets Ltd, has appointed Abdelhadi Laabi as their Chief Marketing Officer for the MENA region effective January 2022. As the CMO of CAPEX.com, he will be responsible for charting a strategic 360-degree approach in line with the brand pillars of trust and innovation, to further amplify the […]
True Global Ventures invests 5 million USD in ChromaWay blockchain platform
True Global Ventures 4 Plus (TGV4 Plus) Fund, which has a presence in the UAE, has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine […]
April Nation Blockchain Dapp Developer sets up in UAE
April Nation Blockchain, a blockchain project that builds consumers Dapps, has announced that it has set up an office in Dubai UAE. April Nation builds applications where users earn rewards by playing games based on real-world events. A real-world event could be a football match played between two countries. Real-world event games are powered by […]
Morocco tops Arab world in terms of crypto owners followed by Egypt
According to a recent report published by TripleA cryptocurrency payments company, cryptocurrency owners are growing around the world. Morocco topped the Arab countries in terms of crypto owners or users followed by Egypt, UAE, and then KSA. The report states that in 2021 global crypto ownership was estimated at an average of 3.9 percent, 300 […]