Abu Dhabi, UAE: Hub71-based startups, Fuze, a pioneering provider of digital assets infrastructure in the MENA region, and Bit2Me, a leading Spanish digital assets company, have signed a landmark strategic partnership aimed at enhancing digital assets infrastructure connectivity across Latin America, Europe, and the Middle East. The agreement was formalized at Hub71, Abu Dhabi’s global tech ecosystem, positioning the UAE as a central hub in the global cryptocurrency market.
This collaboration brings together two industry leaders to unlock new opportunities in digital asset trading, particularly with the United Arab Emirates Dirham (AED). By combining Fuze’s cutting-edge digital infrastructure with Bit2Me’s strong regulatory, security, and compliance focus, the partnership aims to provide innovative and regulated digital asset services across key markets.
Strategic Expansion and Innovation
Mohammed Ali Yusuf, Co-Founder and CEO of Fuze, emphasized the significance of this partnership, stating:
“Bit2Me’s focus on regulation, security, and compliance makes them an ideal partner for our strategic expansion. Together, we are poised to tap into the global possibilities for regulated digital assets. Signing this agreement in Abu Dhabi, where our journey began, marks an important step in the development of cryptocurrency and the future of finance.”
Bit2Me’s Co-CEO, Koh Martinez, echoed Yusuf’s sentiments, highlighting the growing demand for digital assets services in the region:
“There is significant demand for digital asset solutions across the Middle East. Our collaboration with Fuze will enhance our global offerings, and by sharing unique insights across three continents, we will be better equipped to meet the evolving needs of the cryptocurrency market.”
Enhancing Cross-Border Connectivity
The collaboration between Fuze and Bit2Me will enable both companies to offer enhanced services in digital asset liquidity, cross-border trading, and transactional facilitation across Latin America, Europe, and the Middle East. These services will bolster the efficiency of global digital asset markets, reduce operational costs, and provide seamless access to regulated trading platforms.
Supporting Abu Dhabi’s Growing Digital Ecosystem
Peter Abou Hachem, Head of Growth and Strategy at Hub71, underscored the importance of fostering collaborations like the one between Fuze and Bit2Me:
“Within just one year of launching Hub71+ Digital Assets, we’ve seen international startups like Bit2Me and Fuze collaborate to accelerate the development of the digital assets space. This partnership showcases Hub71’s commitment to innovation, supported by Abu Dhabi Global Market’s regulatory environment.”
Hub71’s ecosystem connects startups with capital, market access, and a vibrant community of entrepreneurs. By leveraging these resources, startups like Fuze and Bit2Me are well-positioned to scale their operations and drive technological innovation from Abu Dhabi, further solidifying the emirate’s role as a global leader in the tech industry.
About Fuze
Fuze is a first-of-its-kind regulated digital assets infrastructure platform in the MENA region, co-founded by Mohammed Ali Yusuf, Arpit Mehta, and Srijan Shetty. The company’s Digital-Assets-as-a-Service platform allows financial institutions to integrate regulated digital assets products securely and efficiently. In 2023, Fuze raised $14 million in seed funding, led by Further Ventures and Liberty City Ventures.
About Bit2Me
Bit2Me is Spain’s leading cryptocurrency platform, offering secure, regulated digital asset services to customers in over 100 countries. The company holds multiple cybersecurity certifications, including ISO 27001, and is registered with the Bank of Spain as a virtual currency service provider.
About Hub71
Hub71 is Abu Dhabi’s premier global tech ecosystem, providing startups with access to markets, capital, and a network of partners. Backed by the Abu Dhabi government and Mubadala Investment Company, Hub71 is dedicated to supporting the growth of globally impactful tech companies and driving innovation across industries.
For more information, visit fuzefinance.com, bit2me.com, and hub71.com.
