Fuze, a UAE-based crypto infrastructure startup, has secured $12.2 million in Series A funding to enhance its digital asset offerings, supported by prominent investors like Galaxy and e& capital.
Information on the Target: Fuze
Fuze is a pioneering startup based in the United Arab Emirates that focuses on providing digital asset infrastructure tailored to banks, fintech companies, and asset managers. As an active member of Abu Dhabi's technology ecosystem, Hub71, Fuze aims to enhance the capabilities of traditional financial institutions by integrating sophisticated, compliant digital asset solutions into their operations.
The company offers a robust B2B platform that enables its clients to access regulated digital asset products, including cryptocurrencies, stablecoins, and tokenized assets. Through its API-based services, Fuze simplifies the complexities associated with compliance, security, and technology, facilitating an easier entry point for institutions looking to engage in the rapidly evolving market of digital assets.
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Industry Overview in the UAE
The Middle East and North Africa (MENA) region is undergoing a significant transformation in the financial technology sector. With increasing interest from global investors, the region is becoming a vibrant hub for digi
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Galaxy, e& capital
invested in
Fuze
in 2023
in a Series A deal
Disclosed details
Transaction Size: $12M