Singapore's Fintonia Group, a crypto fund manager, has secured a license to operate in Dubai according to an announcement.
Singapore’s Fintonia Group, a crypto fund manager that also invests in fintech as a venture capital investor, has secured a license to operate in Dubai.
Singapore-based Fintonia Group said it has obtained a license to operate in Dubai amid a global move by crypto firms into the UAE. With the regulatory ruling, the company plans to boost its presence in the UAE and expand its team in Dubai while providing treasury and balance sheet management services to token foundations, protocols and bitcoin miners among other players. It expects to expands upon this for web3 companies based in the Middle East.
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