GCEX receives 4 million USD investment from TGV4 plus
(TGV4 Plus) Fund, True Global Ventures 4 Plus, with a presence in Abu Dhabi UAE has invested US$4 million into GCEX, a technology-agnostic platform, allowing brokers, funds, and other professional traders to access deep liquidity in all the markets they offer. GCEX are FCA authorised and offer exposure and access to traditional and digital markets. […]
Arab Bank offers 9 DeFi Tokens and mints NFTs
The Arab Bank of Switzerland a part of MENA based Arab Bank, is offerings its clients investment and trading in 9 DeFi tokens as well as the ability to mint NFTs and tokenized securities. As per their website, the Arab Bank Switzerland is not offering the custody, transfer, and trading of Bitcoin, Ethereum, Tezos, Fantom, […]
Velas Network partners with UAE based Spacechain
Velas Network AG, a Dapp platform whose vehicle was spotted roaming the streets of Dubai UAE, has partnered with SpaceChain which is based out of Hub71 in Abu Dhabi UAE. The blockchain will be among space industry pioneers leveraging the new economy for heightened security and immutability. For Velas, this collaboration is a giant leap […]
UAE Crypto Oasis Sentio invests in ExSports
EXSports have announced their strategic partnership with Crypto Oasis Sentio on Facebook. Crypto Oasis Sentio the investment arm of Crypto Oasis in UAE has invested in ExSports as a seed and private investors. Crypto Oasis Sentio launched in November of 2021 under the leadership of Saqr Ereiqat Crypto Oasis is a UAE focused blockchain ecosystem […]
UAE based Intelly Blockchain realestate platform offers Fractional NFTs
Intelly, blockchain-based real estate investment platform, with offices in UAE, UK and Turkey, is offering investment in realestate property through fractionalize NFTs . Intelly has created a tool for real estate to be tokenized. The fractional NFT’s are created by locking a BEP-721 NFT that is tied to an asset into a BEP-20 smart contract. […]
UAE Dubai Culture hosts NFT exhibition
Recognising the positive impact of collaboration to support the creative industry, Dubai Culture and Arts Authority (Dubai Culture) is collaborating with MORROW collective, the UAE’s NFT curatorial initiative, to host an exhibition of non-fungible tokens (NFT) celebrating the UAE. The exhibition, titled 50/50, comprises 50 NFTs made by UAE-based artists, including Emirati artists Khalid Al […]
Belfrics partners with digital asset wallet provider
Life Clips, Inc. wholly owned subsidiary Belfrics has entered into a partnership with THRESH0LD, a UK-based enterprise-grade digital asset wallet provider. Belfrics launched its Indian exchange in November 2021, and the Company is scaling its operations in existing markets including Malaysia, Singapore, Kenya, Tanzania, Nigeria, Bahrain and UAE. Belfrics offers a seamless trading experience for users, […]
UAE Securities Commodities Authority releases draft regulation for virtual assets
The UAE Securities and Commodities Authority, SCA, released its draft regulation for virtual assets. The release is concerned with the regulation of a virtual asset and Digital Product for 2021. The UAE SCA is requesting feedback. Feedback is only received through virtual_assets@sca.ae The new draft also included amendements to virtual asset terms. The draft virtual […]
UAE Blockchain enabled Verofax raises 1.5 million USD
UAE Blockchain enabled Verofax Limited, an Asset Digitization and Traceability solutions provider, has raised a $1.5M pre-Series A round by international investors led by Benson Oak Ventures, with 500 Startups, Wami Capital and Vernalis Capital completing the group. UAE Blockchain enabled Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide ‘Traceability […]
UAE based FTFT capital launches global crypto market data platform
Blockchain ecommerce entity Future FinTech Group Inc., FTFT’s subsidiary UAE based FTFT Capital, has launched FTFTX, an innovative global cryptocurrency market data platform that provides institutional and individual investors with real-time, high-quality and reliable cryptocurrency market data and aggregate trading information from a large number of cryptocurrency exchanges. The market data is available for Bitcoin, […]