Crypto Oasis

Dubai Land Department (DLD) has launched the pilot phase of the ‘Real Estate Tokenisation Project’ under its Real Estate Innovation Initiative (REES), making it the first real estate registration entity in the Middle East to implement tokenisation on property title deeds. In collaboration with Virtual Assets Regulatory Authority [VARA] and DUBAI FUTURE FOUNDATION, this initiative aims to enhance property investment by enabling fractional ownership through blockchain-based digital tokens. The project aligns with Dubai’s Real Estate Sector Strategy 2033, with the tokenisation market projected to reach AED 60 billion by 2033. By leveraging blockchain technology, DLD seeks to drive real estate innovation, attract global investors, and reinforce Dubai’s position as a leader in digital property solutions. Read more: https://lnkd.in/dv8DJFEg Source: Government of Dubai Media Office

UAE-based gamtech platform PlaysOut has successfully raised USD 7 million in a seed funding round, reaching a USD 70 million valuation. The round, led by OKX Ventures, KBW Ventures, and Kenetic Capital, will fuel the platform's expansion and enhance its mini-game ecosystem. With a focus on high-growth markets in the US, MENA, and Asia, PlaysOut seeks to integrate Web2 and Web3 gaming to provide brands with interactive and scalable gaming experiences that drive user engagement and revenue. Read more: https://lnkd.in/ds3AxH3P Source: WAYA

Avalanche Blockchain has joined TheBlock., a new Web3 ecosystem in Dubai aimed at accelerating blockchain adoption and innovation. As the first Apex member, Avalanche gains access to strategic partnerships, regulatory guidance, and investment opportunities within the UAE. TheBlock unites experts, enterprises, and regulators to support startups and businesses in scaling Web3 initiatives. This move strengthens Dubai’s position as a leading hub for blockchain technology. Read more: Lara On The Block Source: https://lnkd.in/dj2BH7wx

NymCard, a leading embedded finance platform, has secured $33 million in a Series B funding round led by QED Investors, marking its largest investment in the MENA region. The funding will support NymCard’s expansion across more than 10 MENA markets, enhancing its payment infrastructure solutions for banks, FinTechs, and enterprises. By leveraging an API-first approach, the company aims to drive financial inclusion, support digital transformation, and empower businesses with embedded finance solutions, including card issuing and lending. Read more: https://lnkd.in/dMJdgvQF Source: PYMNTS

The UAE is cementing its position as a global crypto hub, driven by progressive regulations, strategic partnerships, and increasing institutional adoption. Ripple has secured its first Middle Eastern license from the Dubai Financial Services Authority (DFSA), enabling regulated crypto payment services within the Dubai International Financial Centre (DIFC). Meanwhile, Crypto.com has partnered with UAE tech firm Tawasal to integrate crypto services into its AI-driven SuperApp, expanding digital asset accessibility. Additionally, Abu Dhabi-backed MGX has made a landmark $2 billion investment in Binance, reinforcing the UAE’s role in shaping the future of digital finance. Read more: https://lnkd.in/epJzPwiN Source: Khaleej Times

The UAE has emerged as a global leader in crypto regulation, thanks to proactive government support and a clear regulatory framework. With multiple financial regulators, including the Securities and Commodities Authority (SCA) and the Virtual Assets Regulatory Authority [VARA], the country fosters innovation while ensuring compliance. Free zones like ADGM and DIFC have attracted institutional clients, while initiatives like RAK Digital Assets Oasis support Web3 startups. This structured approach has positioned the UAE as MENA’s third-largest digital asset economy, offering businesses a transparent and supportive environment. Read more: https://lnkd.in/ex3cXWfF Source: Finance Middle East

The MENA region is emerging as a global powerhouse in the gaming industry, with its market projected to reach $2.9 billion by 2028. A young, tech-savvy population and strong government initiatives, such as Saudi Arabia’s Vision 2030 and the UAE’s Abu Dhabi Gaming program, are fueling rapid growth. Esports is also booming, with Saudi Arabia hosting major tournaments like the Esports World Cup Foundation and the upcoming Esports Olympics in 2025. As investments in gaming infrastructure continue, MENA is positioning itself as a leading force in the global gaming landscape. Read more: https://lnkd.in/d2mKFCVU Source: The Integrator

Dubai has launched a tokenization sandbox under the Dubai Financial Services Authority (DFSA) to reinforce its leadership in digital finance. This initiative provides a regulated environment for tokenized assets, supporting innovation and investment in the sector. Meanwhile, MENA’s gaming market is projected to hit $2.9 billion by 2028, driven by government initiatives like Saudi Arabia’s Vision 2030 and the UAE’s Abu Dhabi Gaming program. With major esports tournaments and increasing investments, the region is rapidly emerging as a global gaming powerhouse. Read more: https://lnkd.in/dRp_bmim Source: CryptoSlate

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Bitget, a leading global crypto exchange, is setting its sights on Dubai as the hub for its next phase of global expansion. The company has applied for a Virtual Assets Regulatory Authority [VARA] license to scale its operations in the Middle East, leveraging the region’s favorable regulatory environment and strategic location. Bitget plans to offer a full suite of trading solutions, including spot, futures, and copy trading, catering to both retail and institutional investors. While the UAE presents a crypto-friendly ecosystem, Bitget remains cautious about expanding into other MENA countries due to varying regulatory landscapes. Read more: https://lnkd.in/dbfUQeR6 Source: Arabian Business