Crypto Valley Association and Crypto Oasis to Boost Blockchain Development in ME
United Arab Emirates – Crypto Valley Association, the Swiss-based association of blockchain companies and crypto professionals, has partnered with Crypto Oasis, Dubai to connect the growing blockchain communities in Switzerland and the Middle East. Sharing many of the same goals for the growth of a thriving global blockchain ecosystem, Crypto Valley Association is partnering with Crypto Oasis to drive the development and adoption of blockchain technology.
Ralf Glabischnig, Founder of Crypto Oasis, is fully focused on connecting Crypto Valley to Crypto Oasis and growing the larger Inacta Group with venture capital and venture capital building structures in the UAE. The goal is to replicate Crypto Valley’s unique ecosystem growth strategy in Crypto Oasis. Inacta is also one of the founding members of the Crypto Valley Association and believes the time is right for this collaboration to bring the two regions closer together and bridge the geographic distance.
The Crypto Valley Association is based in Zug, which is the crypto capital of Europe. The Association was founded to take advantage of Switzerland’s strengths to connect startups and established companies and foster innovation and adoption of blockchain and cryptographic technologies. The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto enthusiasts in Switzerland and the Middle East.
Emi Lorincz, President of the Crypto Valley Association, said, “I am thrilled to help accelerate the global growth of the Crypto Valley Association. After the opening of our CVA Latin America chapter, the Middle East as a hub – with over 1000 organizations already – is the next appropriate step for our expansion. We are excited to partner with the digital economy in the Middle East with a focus on blockchain technology and are excited about this thriving partnership with Crypto Oasis which will help us drive blockchain adoption at scale. world.
Faisal Zaidi, co-founder of Crypto Oasis will lead the Crypto Valley Association’s Middle East chapter.
“We are excited to announce our new alliance with the Crypto Valley Association. Both entities will play complementary roles and accelerate our shared goal of establishing a leading global blockchain ecosystem. This alliance will connect a fragmented blockchain world by connecting the Switzerland, which is at the forefront of disruptive technology, with the Middle East set to become the new crypto and blockchain hub,” Zaidi said.
To initiate the construction of the bridge between Dubai and Switzerland, Crypto Oasis invites the Dubai International Financial Center (DIFC) to visit the Crypto Valley in Zug, Switzerland. During their visit, they will identify Crypto Valley blockchain organizations that have the potential to migrate to Dubai to further enhance the Crypto Oasis ecosystem. These crypto companies will have the opportunity to explore the plethora of opportunities in this region and witness a friendly jurisdiction that welcomes disruptions in the digital space. Further visits with other major organizations such as DMCC, DWTC and ADGM are planned in the future.
The heart of the world’s fastest growing blockchain ecosystem is Dubai, which is emerging as a blockchain innovation stronghold and has the potential to support major blockchain ventures. Crypto Oasis catalyzes the growth of organizations in the crypto space and like the Crypto Valley Association, it brings together investors, start-ups, corporations, researchers, and government entities. The cooperation and collaboration between the two will aim to advance the digital economy in the Middle East and generalize distributed ledger technologies.
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