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Al Fardan Exchange to explore digital asset sales through Fuze deal

If all goes to plan, Al Fardan Exchange clients could sell or buy virtual assets



It's early dates yet, but Al Fardan Exchange cites customer transactions in digital assets as the next phase of evolution.
Image Credit: Supplied

Dubai: Al Fardan Exchange has a new MoU with Fuze, which will see them look to provide digital asset capabilities. Any services from this collaboration will empower Al Fardan Exchange customers with ‘secure and user-friendly’ options to buy, sell, hold, and transfer digital assets.

“Our collaboration with Fuze is geared towards providing our customers with access to cutting-edge financial solutions, aligning with our dedication to offering seamless, secure, and forward-thinking services,” said Hasan Fardan Al Fardan, CEO of Al Fardan Exchange.

“This partnership harmonises with the objectives of the CBUAE’s Financial Infrastructure Transformation Programme, making a substantial contribution to the UAE’s vision of a digitally empowered financial landscape.”

Both businesses see ‘transformative potential’ from this collaboration, and anticipating ‘significant advancements’ in the UAE digital finance sector.

In a statement, Fuze’s co-founder and CEO, Mohammed Ali Yusuf, said: “We are proud to align with such a deeply respected business and collaboratively develop ground-breaking digital assets products for its customers.”

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