DeFi Technologies has opened a new office in the UAE, aiming to strengthen its presence in the MENA region and provide investors access to regulated digital assets.
Expansion into MENA and New Opportunities
DeFi Technologies, led by CEO Olivier Roussy Newton, has opened an office in Jumeirah Lake Towers, Dubai. This move forms part of the company's strategy to expand in the MENA market and enhance asset management opportunities for investors in a crypto-friendly environment.
Focus on ETPs and Regulation
The expansion in the UAE took place under the new DEFI DMCC structure and focuses on regulated exchange-traded products (ETPs) via the subsidiary Valour. Olivier Roussy Newton highlighted this event as an integration into a dynamic financial ecosystem.
Predictions for Liquidity and Trading Volumes
The aim of opening the office is to attract institutional flows into large-cap cryptocurrencies like BTC and ETH, which is expected to lead to increased liquidity and trading volumes. The proactive regulatory stance in the UAE is anticipated to facilitate the integration of DeFi into traditional financial structures.
DeFi Technologies sees the opening of its office in the UAE as an opportunity not only for growth but also for creating a more accessible and dynamic financial ecosystem that supports the development of cryptocurrencies in the region.
