Amaechi Okolobi

Ondo Finance's token offering will now be integrated to over 90 blockchains in the cosmos ecosystem🌐 𝐈𝐧 𝐜𝐚𝐬𝐞 𝐲𝐨𝐮 𝐝𝐢𝐝𝐧'𝐭 𝐤𝐧𝐨𝐰.. Cosmsos interoperability network includes many big names, such as dYdX, Sei Network, Injective Labs and Celestia Labs. Ondo will use https://nobleassets.xyz/ as a "routing hub" for liquidity across the Cosmos ecosystem. This is pretty huge news, given that Ondo has now deployed its products across such a large number of thriving ecosystems. Sui, Solana, Polygon, Mantle, Aptos, Injective and now 90 other blockchains on Cosmos, thanks to Noble. 𝐎𝐧𝐝𝐨 𝐡𝐚𝐬 𝐭𝐡𝐞 𝐩𝐞𝐫𝐟𝐞𝐜𝐭 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐢𝐧𝐠.. It's products are institutional-grade, yet DeFi leaning, making them attractive to tradfi participants, whilst benefiting from the network effect that comes from deploying in leading blockchain ecosystems. Having defined its product-market-fit so early on, has also helped to give them such a competitive edge - the use case for RWA-backed yield bearing stablecoins is very clear. The recent decision to move $90M worth of assets backing OUSG to Blackrock's new tokenized fund (BUIDL), was a fantastic move. 𝐖𝐢𝐭𝐡 $300𝐌 𝐢𝐧 𝐓𝐕𝐋 𝐚𝐜𝐫𝐨𝐬𝐬 𝐢𝐭𝐬 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐚𝐥𝐫𝐞𝐚𝐝𝐲.. It's pretty safe to say that $Ondo is off to a flying start, yet I feel there is so much more to come. Ondo Global Markets, announced recently is a product that will enable them to capture an even larger market share, focused more broadly on securities tokenization, without being limited to its current t-bill exposed products. Below, I have dropped the Coindesk article covering this big new partnership and more information on Ondo GM for you to digest👇

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The UAE emerges as a pioneering hub for virtual asset businesses with its balanced regulatory approach. Through frameworks like VARA, DIFC, and ADGM, the nation offers comprehensive yet flexible oversight for crypto companies. Know how Unlike jurisdictions that may over-regulate, the UAE strikes a perfect balance between innovation and consumer protection. Multiple free zones provide specialized licenses, making the UAE an attractive destination for cryptocurrency enterprises seeking clear regulations without stifling growth. https://lnkd.in/dR8fuizJ #mbg #uae #virtualassest #regulatory #adgm #difc

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Our second December 2024 issue is here, and it is headlined by Andrei Grachev, Managing Partner at DWF Labs. While detailing his mission to cement DWF Labs as a prime crypto enabler in the UAE and beyond, Grachev notes that at the heart of the brand has been a very simple sentiment: to be both a launchpad and safety net for crypto businesses and startups. "Crypto is a growing market that allows talented people to build innovative products with a very high potential upside," Grachev says. “We like that, and we are more than happy to support such innovations and entrepreneurs to help them build, scale and succeed through investments and our end-to-end ecosystem support." Also in this issue: we catch up with Amreen Iqbal, who shares the success story of her luxury jewelry brand Piece of You; Ralee founder Nathalie Khouri writes about how individuals over 40 can make the mid-career transition to entrepreneurship; and in a special review on Naäma Beach Villas & Spa in Fujairah, Sarah Saddouk highlights the importance of stepping away to recalibrate and reset the mindset. In our monthly roundup of the up-and-coming startups in the Mohammed Bin Rashid Innovation Fund (MBRIF) accelerator program, we profile: Beyond Farming, Pulsar.ml, Reme-D.Inc, SpaceLab, and Sulmi. This issue also features a quick recap of the Demo Day of the MBRIF Accelerator Program's eighth cohort- check out which three startups won big at the final event! Plus, check out the complete list of winners from the final #EntMEAwards of the year, the Enterprise Agility Awards 2024! In news from in and around the region, we bring you updates about: lifestyle super app SuperQi’s launch in Iraq, and Apple’s fifth retail store location in the UAE which is all set to open next year. Read and download the full magazine (for free!) on Issuu using the following link: https://lnkd.in/d8HKZrGs #crypto #dwflabs #blockchain #cryptoleaders #expansion #growth #leadership #leadersincrypto #startingabusiness #growthmindset #entrepreneurship #startupfounders #entrepreneurs #wellness #worklifebalance #mbrif #startups #techstartups #

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Andrei Grachev, Managing Partner of DWF Labs, has been featured on the front cover of the December 2024 issue of Entrepreneur Middle East Magazine 🔥 In this feature, Andrei discusses our unique approach to supporting our portfolio companies through investments and end-to-end ecosystem support. He also shared about our initiatives in the United Arab Emirates (UAE) region, giving an overview into how we plan to unlock the region's crypto potential by supporting stable and sustainable growth 🤝 Read more for an overview of both our current work and future plans: https://lnkd.in/gvZt9PuY

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BSV Ambassador Rami El Sabeh explained the impact of blockchain on the governmental and banking sectors, which are exploring CBDCs and stablecoins as well as their effects on payment services. Learn more: https://hubs.la/Q02YHxBV0 #BSVAmbassador #BSVBlockchain

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Will governmental adoption 🧑‍⚖️ lead to mass adoption of blockchain ⛓️ / crypto 🪙 in Jordan? Jordan 🇯🇴 already ranks 66th globally and 5th in the Arab region according to Chainalysis's 📊 crypto adoption index. Blockexe 👏👏👏

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UCBI Banking UCBI Banking West Africa Crypto projects set to unlock $2.6B in tokens in November The most noteworthy token unlocks in November include Memecoin, Aptos, Arbitrum, Avalanche and Optimism ocked digital assets worth $2.68 billion will hit the market in November as vesting periods for blockchain-based projects expire. According to vesting data tracker Tokenomist (formerly Token Unlocks), $2.68 billion in crypto assets will be unlocked in November. Over $900 million in tokens will be unlocked on a cliff basis, while about $1.7 billion will be unlocked linearly.

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The launch of the UAE’s first stablecoin, pegged to the UAE Dirham, is poised to reshape the digital payment landscape. This innovative currency aims to facilitate secure and efficient transactions, catering to both consumers and businesses in the evolving financial ecosystem. As digital currencies gain traction globally, I predict that AE Coin will encourage greater adoption of blockchain technology in the region, unlocking new opportunities for fintech innovation. • Enhanced security in transactions • Increased trust and transparency for users • Potential boost for the UAE’s digital economy The path ahead looks promising as the UAE positions itself at the forefront of the digital revolution. #UAE #Blockchain #FinTech

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Tokenized RWAs Meet Traditional Credit Libre aims to meet market demands, not just advance technology. The firm suggested using high-grade RWA tokens as collateral on MakerDAO’s forum in September, showing its ambition for wider acceptance. The involvement of First Abu Dhabi Bank (FAB) lends credibility, supporting broader financial integration. The partnership merges tokenized RWAs with traditional credit, setting a precedent for blockchain finance’s future. This step signals the increasing acceptance of decentralized technologies in mainstream banking. Emphasis on compliance, automation, and innovation may lead to similar projects across the financial sector. First Abu Dhabi Bank (FAB), a $335 billion banking giant, will manage liquidity through credit lines backed by Libre’s tokenized assets. Through this initiative, FAB aims to enable secure credit facilities backed by tokenized assets, with automated processes ensuring robust risk management and complete regulatory compliance.” #tokenisation #blockchain #UAE #crypto

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Bill Barhydt is the CEO of Abra, a wallet & exchange that includes trading, yield, borrowing, & funds. In this episode, Bill Barhydt discusses the future of the crypto & more! https://lnkd.in/dUAse4YU

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Bill Barhydt is the CEO of Abra, a wallet & exchange that includes trading, yield, borrowing, & funds. In this episode, Bill Barhydt discusses the future of the crypto & more! https://lnkd.in/dUAse4YU

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Chainalysis, the blockchain data platform, has revealed that the UAE’s small population, when compared to other countries in the Middle East and North Africa (#MENA) region, has not prevented it from becoming one of the front-running crypto economies. Arushi Goel, policy lead for Middle East and Africa at Chainalysis noted: “As our latest research shows, stablecoins are already the preferred crypto asset. With the clarity provided by the Central Bank of The UAE, we can expect further utilisation as consumers will likely soon benefit from the offerings of regulated players who innovate responsibly. “With the UAE’s forward-focused regulation, larger players such as banks and major financial institutions will find it easier to integrate and accept stablecoins as part of their payment systems, fostering a more seamless financial system.”

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Tether’s USDT is now recognized as a virtual asset in Abu Dhabi Global Market (ADGM) ADGM is a leading financial hub in the UAE. This recognition allows licensed firms in ADGM to integrate USDT, supporting stablecoin adoption in regulated finance.

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Tether to Launch UAE Dirham-Pegged Stablecoin Tether.io, the developer of the world's largest stablecoin, announced plans to introduce a new token pegged to the United Arab Emirates' Dirham (AED) in collaboration with Abu Dhabi-listed crypto conglomerate Phoenix Group (PHX). This move strengthens Tether’s existing portfolio of stablecoins, which already includes tokens pegged to the U.S. dollar (USDt), the euro (EURT), the Chinese yuan (CNHT), and other assets. The introduction of a dirham-pegged stablecoin could open new opportunities in a region where cryptocurrency adoption is growing rapidly. The UAE, particularly Dubai and Abu Dhabi, has become a global hub for crypto innovation. The Central Bank of The UAE Bank’s recent Payment Token Services Regulation, announced in June, provides a clear framework for licensing digital payment tokens, and Tether’s plan to seek licensing under this regulation signals its commitment to compliance and local market integration. This Dirham stablecoin could enhance international trade by offering lower transaction fees and greater stability, particularly for cross-border payments and remittances, which are essential to the UAE’s economy. For more videos: https://lnkd.in/eftjWf_w #Tether #stablecoin #UAE #compliance #phoenixgroup #therevolutionneedsvisionaries

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Crypto.com has acquired Abu Dhabi-regulated traditional financial services firm Orion Principals. The crypto exchange confirmed that its acquisition of Orion will enable the cryptocurrency exchange to offer eligible users financial products, such as securities, options, futures, contracts for difference and more in the coming weeks. https://lnkd.in/emyY3MB6

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🚀 Exciting News! 🚀 Our Managing Partner, Sheraz Ahmed, has been featured in an exclusive article by Crypto Valley Journal! 🌟 Dive into Sheraz’s inspiring journey through the Crypto Valley and discover his insights on the evolution of the Web3 ecosystem, the challenges we face, and the incredible opportunities that lie ahead. 🧠✨ In the article, Sheraz shares his vision for the future of blockchain technology, his experiences in navigating the dynamic landscape of decentralized finance, and the pivotal moments that shaped his career. From his early days as a blockchain enthusiast to leading STORM Partners in bridging the gap between traditional finance and the decentralized world, Sheraz's story is a testament to innovation and perseverance. 💡🔗 Key highlights include: - The rise of Crypto Valley as a global hub for blockchain innovation 🌍 - Strategies for overcoming common challenges in the Web3 space 🔧 - Insights into fostering collaboration and growth within the blockchain community 🤝 Read the full article here: https://lnkd.in/dkTg4NEW Join us in celebrating this milestone and let's continue to innovate and lead in the world of blockchain and Web3! 🚀🔗 #CryptoValley #Blockchain #Web3 #DeFi #Fintech #CryptoInnovation

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