Javier Sanchez-Marco

The UAE is crypto-ready with the Digital Dirham, their central bank digital currency set to launch later this year 🚀 The crypto-forward policies of the Emirates sets it apart as the UAE is one of the earliest movers and adopters of digital asset technology including: ✔️Government-led blockchain initiatives. ✔️Crypto regulatory frameworks (FSRA in ADGM and VARA in Dubai). ✔️Domestic Bitcoin mines (Phoenix Group & Zero Two/Marathon Digital - the Middle East's first large-scale, sustainable Bitcoin mining operation). ✔️Tokenised real estate (Dubai Land Department launched the world's first Property Token Ownership Certificate). ✔️Sovereign Wealth Crypto Investments (MGX, Abu Dhabi-based investor, made the largest deal in crypto’s history to date with an investment in Binance, the world’s largest crypto exchange paid for in stablecoins for US$2 billion). ✔️Growing Crypto Hub & Ecosystem (Hub71 in Abu Dhabi, DMCC in Dubai, Digital Assets Oasis in Ras Al Khaimah). ✔️Blockchain Payments (AE Coin the country's first fully regulated, dirham-backed stablecoin and upcoming Digital Dirham which will be legal tender). As a result crypto adoption is high in the UAE and it's estimated that c.30% of the population holds crypto within their fast-evolving digital economy. Great to go live from the Abu Dhabi CNBC International studio in #ADGM this morning with Dan Murphy and Emma Graham, thank you for having me on the show. 🤩 Link to full interview here 👉 https://lnkd.in/gpw77P27 #crypto #cryptocurrency #blockchain #bitcoin #digitalasset

١٠٢

١٣ تعليق

#DIFC and Partners for Growth (PFG) have announced a strategic growth debt partnership to scale Dubai’s next generation of technology companies. The collaboration brings together DIFC’s vision to drive the future of finance with PFG’s global expertise in private credit investing, unlocking new funding pathways for high-growth technology companies across Dubai and the GCC. Aligned with the D33 Economic Agenda and DIFC’s 2030 Strategy, the partnership will provide structured growth debt to innovation-driven businesses in sectors such as FinTech, HealthTech, InsurTech, PropTech, SME Digital Finance, and SpaceTech. This milestone reinforces Dubai’s position as a global hub for innovation, entrepreneurship and capital. Read more: https://lnkd.in/dqEd5D8N

٧٠

٩ تعليق

📢 Stride Ventures backs erad’s $33M growth debt financing round in Saudi Arabia 🌍 We are delighted to announce that erad, a Riyadh-headquartered alternative financing platform for SMEs, has successfully raised $33 million in growth debt financing. This milestone round was led by Stride Ventures, furthering our commitment to empowering ambitious businesses in the GCC. Founded in 2022 by Salem Abu-Hammour, Faris Yaghmour, Abdulmalik Almeheini, and Youssef Said, erad enables small and medium-sized enterprises to access Shariah-compliant, tech-enabled working capital solutions. With a strong presence across Saudi Arabia and the UAE, erad supports diverse sectors including retail, healthcare, F&B, and e-commerce. This new funding will accelerate erad’s mission to close the region’s $250B SME credit gap, expand operations in Saudi Arabia and the UAE, and scale alternative financing solutions tailored to the needs of the GCC’s entrepreneurial ecosystem. 🚀 Closed at Money 20/20 in Riyadh, this round also coincides with Stride Ventures doubling its team size in the region and achieving the first close of its landmark ADGM fund, strengthening our long-term presence in the GCC. Congratulations to the founders and the entire erad team on this achievement! 👏 Read More: https://lnkd.in/g64-vBaU

٨٨

١ تعليق واحد

DMCC has signed a landmark partnership with the Dubai Virtual Assets Regulatory Authority [VARA] to accelerate the tokenisation of commodities and advance Dubai’s digital asset ecosystem. The partnership combines DMCC’s commodities expertise, infrastructure and business community with VARA’s regulatory leadership to build secure, transparent, and scalable frameworks for tokenised assets, pioneer joint education and investor-protection initiatives, and provide expert data-driven benchmarks. Read more: https://dmcc.tech/42yl0nM

١٩٢

٩ تعليق

qlub, a UAE-based tech company, has successfully raised $30 million in a new funding round led by Shorooq and Cherry Ventures, with Mubadala, e&, and Legend Capital君联资本 also participating. Founded by a diverse team including Eyad Alkassar, Dr. Dr. Mahmoud Fouz, and Abdulaziz A Aljasser, Filiberto Pavan, Gizem Bodur, Ramy Omar, Oscar Bedoya Mey, Arun Sharma, Remi Hanna, John Mady, and Jeff Matsuda. Qlub continues its global expansion, offering mobile tech solutions for restaurant orders and payments. ✅ Qlub’s platform eliminates the traditional wait for bills at restaurants, proposing a streamlined 'scan-pay-go' solution for diners across multiple countries including the UAE, Saudi Arabia, Brazil, and Australia. ✅ The company has raised close to $72 million to date, with previous seed rounds of $17 million in 2022 and $25 million the following year. ✅ This latest funding will be used to strengthen Qlub’s local presence and further its global reach in the tech-driven hospitality sector. #StartupFunding #TechInnovation #GlobalExpansion #MENAStartups #FintechSolutions #Arageek

٥٨

٣ تعليق

Maalexi secures up to $20M Islamic Credit Facility! The agreement enables Maalexi, the cross-border agri-trade end-to-end transaction platform, to scale in the #UAE and #SaudiArabia while investing in its proprietary #tech stack, including real-time payment #tokenization. Read more here: https://lnkd.in/dvgqFBpy

٩٤

١٠ تعليق