Tokinvest Secures Dubai’s First Full RWA Licence
Dubai, United Arab Emirates: Tokinvest becomes first DMCC firm to get full licence for its RWA marketplace. Today, Tokinvest, a leading company in real asset investment, announced that it has […]
Web3
Perle Raises $9M to Launch Perle Labs and Enhance AI Data Quality
Perle, a Web3-enabled AI data training platform, has secured $9 million in a seed funding round led by Framework Ventures, bringing its total funding across pre-seed and seed stages to
Zama Raises $57M Series B to Advance Encrypted Blockchain Protocol, Reaches $1B+ Valuation
Zama, a Paris-based cryptography company specializing in fully homomorphic encryption (FHE) for blockchain applications, has raised $57 million in a Series B funding round led by Blockchange Ventures and Pantera
Hoko Acquires Everdome to Redefine the Future of Interactive Content
Hoko Agency, known for creative campaigns with Mercedes-Benz, Red Bull, and DP World, has announced the acquisition of Everdome, a UAE-based metaverse company specializing in immersive virtual experiences. Founded in
Coinbase to Acquire Deribit for $2.9 Billion – The Largest Crypto M&A Deal to Date
In a historic move, U.S.-based cryptocurrency exchange Coinbase has announced the acquisition of Deribit, a leading crypto derivatives platform headquartered in the UAE, in a transaction valued at $2.9 billion.
$25M DeFAI Fund Launched to Power AI-Driven Finance
During the ZIGChain Summit 2025 held in Dubai, it was officially announced that a $25 million DeFAI Innovation Fund has been launched to support AI-powered financial tools. This initiative is
Hub71 Records AED 8.02 Billion in Startup Funding in 2024 as Abu Dhabi Rises Among Global Tech Hubs
Hub71, Abu Dhabi’s global tech ecosystem, released its 2024 Impact Report, highlighting a record-breaking year marked by robust funding, strategic growth, and increased international recognition. In its sixth year, Hub71
Rise of Fearless raises $700K to expand mobile gaming and transition to Web3
Rise of Fearless, a UAE-based mobile gaming platform blending African storytelling with battle royale gameplay, has launched a $700K funding round to expand its mobile presence and transition into a
UAE-Based PlaysOut Raises $7 Million in Seed Funding Round
PlaysOut, a UAE-based startup specializing in mini-game development, has announced the closing of a $7 million Seed funding round, raising the company’s valuation to $70 million. The round was backed
ORO Labs Secures $1.5 Million Pre-Seed Funding, Backed by 468 Capital
ORO Labs, a tokenized gold protocol built on Solana, has raised $1.5 million in a pre-seed funding round. The company aims to transform gold into a liquid, composable, and income-generating asset, revolutionizing the
UAE’s MGX Acquires Minority Stake in Binance for $2 Billion
Binance, the world’s largest cryptocurrency exchange, has announced that MGX, a UAE-based leader in AI and advanced technology investments, has acquired a minority stake in the platform for $2 billion. This marks