XChain, a global leader in blockchain forensics and transaction monitoring, has officially launched its services for institutional and retail Virtual Asset Service Providers (VASPs) in Dubai.…
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Ten startups pitch their groundbreaking ideas to an esteemed panel of five jury members at the first qualifier round of the FutureTech World Cup held on July 10, 2024, at the Dubai AI Campus. Momint, Nettle, s.r.o., and Orbii AI qualify for the grand finale set to take place during the Dubai AI & Web3 Festival 2024.
The two-day event will feature a lineup of industry experts, thought leaders, and innovators sharing their insights and strategies in the fast-growing market.
“We look forward to working with VARA to finalize our operations and commence regulated custody services soon,” states Amir Tabch, CEO of Liminal Custody Solutions Middle East.
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“Our goal is to empower people to have universal access to financial services, so they have more opportunities to build and manage their wealth,” states Fasset CEO, Mohammad Raafi Hossain.
Aquanow’s VASP license enables it to offer a comprehensive range of services including broker-dealer, lending and borrowing, and management and investment services, positioning it as a significant player in the Emirate’s fintech landscape.
“It will enable Fasset users to confidently and securely send their assets from regions such as the GCC to Asia,” states Fasset’s CEO, Mohammad Raafi Hossain.
“With its high density of crypto companies and pro-growth attitude, providing support to the DMCC was a natural fit as we look to tap into the abundant Web3 value in Dubai,” states Solana Foundation Executive Director, Dan Albert.