DeFi Technologies has announced its expansion into the Middle East and North Africa (MENA) region by opening a new office and trading desk in the United Arab Emirates.
Expansion in MENA Region
DeFi Technologies, listed on NASDAQ, has launched new initiatives in the MENA region by establishing an office in the UAE. Under the leadership of CEO Olivier Roussy Newton, the customer office will serve as a hub for integrating new financial services.
Strategy and Regulations
The rising demand for regulated digital assets and a favorable regulatory environment in the UAE create opportunities for the company. Olivier Roussy Newton stated: “The launch of our trading desk in the UAE signifies a pivotal moment for Valour and DeFi Technologies as we expand our global outreach. We are excited to embark on this journey, leveraging the UAE as a gateway to broader horizons.”
Market Prospects and Impact
The opening of DeFi Technologies’ office is expected to increase access to regulated products in the cryptocurrency market. Industry insiders predict more DeFi adoption as regulated platforms expand in the MENA region.
DeFi Technologies’ expansion into the UAE underscores significant changes in the financial and regulatory landscapes of the region, opening new opportunities for the development of DeFi and digital assets.
