Tungsten Custody Solutions Ltd, a regulated digital asset custodian operating under the Abu Dhabi Global Market (ADGM), has announced a strategic collaboration with MANTRA (OM) to enhance institutional digital asset custody. The collaboration strengthens Tungsten’s institutional-grade custody services, providing a compliant and secure solution for institutional clients seeking to safeguard OM tokens. Strengthening Institutional Access […]
Tether, the issuer of the world’s largest stablecoin USDT, has announced a collaboration with Reelly Tech, a blockchain-based transaction infrastructure provider, to explore real estate solutions in the UAE. This partnership aims to enhance digital asset integration within the real estate sector, leveraging blockchain for more efficient and transparent transactions. Blockchain’s Role in UAE Real […]
RAK Digital Assets Oasis (RAK DAO), a free zone for digital assets companies located in the emirate of Ras Al Khaimah, has launched its inaugural accelerator program – Builder’s Oasis. With a funding pool of USD$2 million, this program is designed to support Web3 startups in the gaming, AI, and blockchain infrastructure sectors. The program […]
The Central Bank of the UAE (CBUAE) and the Economic Security Centre of Dubai today signed a Memorandum of Understanding (MoU) to strengthen cooperation and information sharing in combating financial crime. This aims to achieve the strategic objectives of both parties, bolster confidence in the UAE’s financial system, and consolidate the country’s leading global position. […]
The Ministry of Energy and Infrastructure (MoEI) has teamed up with Shiba Inu to advance next-generation Web3 solutions in energy, infrastructure, and beyond. This collaboration marks a significant step in MoEI’s ongoing efforts to solidify its position as a global leader in digital transformation. The partnership leverages Shiba Inu’s diverse Web3 technologies to enhance public […]
LCT, a pioneering fintech company based in Dubai, proudly announces its inclusion in the Public Register of the Government of Dubai’s Virtual Assets Regulatory Authority (VARA). The company has received In-Principle (Non- Operational) Approval for a Virtual Asset Service Provider (VASP) license. This milestone marks a significant step in LCT’s journey toward full compliance with […]
Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has become the first insurance sector entity to join the KYC Blockchain Platform, an initiative led by the Dubai Department of Economy and Tourism (DET). This milestone aims to enhance ease of doing business, improve KYC compliance, and elevate customer data quality while fostering the […]
Klickl, a UAE-based Web3 financial platform, has announced a strategic partnership with IMKAN Properties, a leading real estate developer in Abu Dhabi, to facilitate property purchases through cryptocurrency payments. The collaboration aims to transform real estate transactions by introducing an innovative financial model that enhances accessibility for both regional and international buyers. By integrating Klickl’s […]
In an interview with Unlock Blockchain, John Patrick Mullin, CEO of MANTRA Finance, shed light on the company’s groundbreaking journey in real-world asset (RWA) tokenization. With the UAE at the heart of its operations, MANTRA Finance is redefining investment access by bringing high-value assets like real estate into the blockchain ecosystem. Partnerships with industry giants […]
The Central Bank of Bahrain (CBB) has officially granted Fasset Financial Services a licence to offer crypto-asset trading services within the kingdom, which marks another step forward in Bahrain’s efforts to establish itself as a leader in the fintech and digital asset space. Abdulla Haji, Director of the Licensing Directorate at CBB, expressed the bank’s […]