Announcements

Coinbase’s stock soared over 18% following the crypto exchange signing a deal with BlackRock, the world’s biggest asset manager cumulatively manages about $20 trillion. Meantime, Meta announced that it integrated Coinbase’s crypto wallet into the Instagram platform. According to an announcement published Thursday, the US-based exchange had partnered with BlackRock to provide its clients with…

Sulaiman Abdul-Karim Mohammed Al-Fahim, a well-known Emirati TV personality and a successful real estate businessman in the UAE, is set to launch Sustain.Exchange – a Shariah-compliant Islamic crypto ecosystem. As UAE ranks among nations that rapidly adopt digital technologies and invest their time and money, it has become possible due to some visionary people like…

High fashion brand Gucci said it will accept ApeCoin (APE) as payment at select US stores. The firm already accepts other top crypto coins and collaborates on NFT and metaverse game projects. Meanwhile, Tiffany & Co. announced the rollout of a handcrafted pendants collection modeled on CryptoPunks, another iconic NFT collection owned by Yuga Labs….

OasisX, a multichain curated NFT marketplace and creator studio, has set up its base in Dubai Multi Commodities Centre (DMCC) in the UAE and will be launched in the next few weeks. OasisX has already onboarded about 100 artists and multiple local brands in the MENA region. “We are building the tech foundation and frontier…

The Dubai Blockchain Centre and Chaintech joined efforts to foster long-term blockchain technology research and development for enterprises and governments in the Gulf region, using private blockchains, smart contracts, and tokens. The Dubai Blockchain Centre (DBCC), a training and consulting Blockchain firm in UAE, and Chaintech Labs Ltd (CTL), a blockchain research and development house…

Crypto venture investment firm Variant has raised $450 million across two new funds targeting the Web3 and decentralized finance market, which include $300 million for a so-called opportunity fund and $150 million to invest in nascent startups. According to Thursday’s announcement, the company raised $300 million for a so-called opportunity fund as well as a…