DigiShares, a leading provider of tokenization solutions for real-world assets, announced the launch of its new entity DigiShares GULF Inc. in the United Arab Emirates.
Strategic Expansion in the UAE
The establishment of DigiShares GULF Inc. in the RAK DAO free zone in the UAE highlights the company's commitment to better serve local clients and strengthen relationships with key market players.
Collaboration with Local Regulators
DigiShares GULF Inc. aims to establish close cooperation with local regulators, such as the Virtual Assets Regulatory Authority (VARA) and Abu Dhabi Global Market (ADGM), to ensure compliance with the country’s progressive digital asset regulations.
Global Presence and Tokenization Development
According to Claus Skaaning, Co-Founder and CEO of DigiShares, launching the new office in the UAE is a step towards strengthening the company’s international presence and accelerating the adoption of tokenization worldwide.
The launch of DigiShares GULF Inc. represents an important milestone in DigiShares' efforts to drive global adoption of tokenized assets and blockchain-based financial solutions.
