Dubai: The Bitfury Group, a blockchain technology company, has expanded its operations into the UAE by opening an office in Dubai at the Dubai Design District.

George Kikvadze, executive vice-chairman of Bitfury, said the new office opening will advance Bitfury’s commitment to developing blockchain solutions not only globally but also among governments, businesses and institutions across the UAE.

Nicola Mariani will manage the Dubai office and serve as Bitfury’s new chief legal officer. For the past 15 years, Mariani has handled complex local and multi-jurisdictional transactions globally. Previously, he worked as a partner in a leading global law firm.