Spanish entrepreneur in the UAE bets on mass crypto adoption

    Mani Thawani, a Spanish entrepreneur, aims to lead the mass crypto adoption movement in Dubai. His company Blockmatica now oversees five crypto-related businesses, including the TV reality show ‘Block Talent’ and a metaverse project. As Khaleej Times reported, Thawani’s holding company Blockmatica Group has already executed exciting projects, such as ‘Block Talent,’ a funding incubator…

    A clear-eyed view of DeFi for Middle East financial services executives

    For the near future, financial executives can expect substantial ambiguity surrounding all things DeFi, which they can best confront with an open mind, a level head, and a willingness to roll up their sleeves and get involved, Jorge Camarate, Antoine Khadige, and Vishal Gupta, Senior Associate, from Strategy& wrote on Arabian Business. Financial service companies…

    UAE’s crypto startup Fasset expands operations in the EU

    UAE-based global digital asset gateway Fasset has announced its expansion to the European Union market after securing authorization for crypto operations in the EU. The startup aims to strengthen its global outreach to serve the growing digital asset sector in the EU market. Recently, Fasset separately secured three full authorizations from the Labuan Financial Services…

    Emirates is betting on NFTs, Web3, and the metaverse

    Emirates revealed its plans to expand the airline’s use of the metaverse and launch NFTs to increase revenue and improve customer service. The NFTs are designed to be both collectible and utility-based, and the first projects are already underway, with launch anticipated in the coming months, it said in a statement on Thursday. Emirates added…

    CV VC Global Report 2022 recognizes the UAE’s crypto rating platform Evai

    Dubai-based fintech company Evai has been recognized as one of the top-performing blockchain projects globally, according to the new CV VC Global Report 2022. A new report reveals 700% year-on-year growth as investments in the blockchain sector surge. The report, issued by Crypto Valley Venture Capital, based in Zug, Switzerland provides an overall synopsis of…

    Backing Arab NFTs is more than a token gesture

    NFTs have taken the internet by storm over the last five years, generating countless column inches and eye-watering levels of investment. This is a sector ripe with opportunity, but, as with any investment, it pays to do your homework, says Nasreen Faqihi, Chief Executive of NFT platform Crypto Camels Club. If you spend even a…