Bit2Me will provide enhanced liquidity capabilities and LATAM market access to Fuze. Fuze will provide Bit2Me with access to the MENA market and a connected trading infrastructure
Fuze, a pioneering digital asset infrastructure provider in the MENA region, and Bit2Me, a leading digital asset company in Spanish-speaking markets registered with the Bank of Spain, have signed a Memorandum of Understanding (MoU). This new partnership improves digital asset infrastructure connectivity between Latin America, Europe and the Middle East.
This agreement brings together two of the fastest-developing digital asset platforms in the world, and also maximizes the possibility of cross-platform digital asset trading using the United Arab Emirates Dirham (AED). The agreement was signed by representatives of Fuze and Bit2Me at Hub71, Abu Dhabi’s global technology ecosystem.
Mohammed Ali Yusuf (Mo Ali Yusuf), Co-Founder and CEO of Fuze, said: “Bit2Me has a strong focus on regulation, security and compliance in the digital asset space, making them the ideal partner for our strategic expansion. Together, we will be able to truly innovate and leverage the range of possibilities for regulated digital assets worldwide. We are proud to sign this agreement in Abu Dhabi, where we began our journey, a place that will be key in the development of cryptocurrencies and the future of finance.”
Koh Onozawa, co-CEO of Bit2MeHe added: “There is significant demand for digital asset services in the Middle East and we are delighted to enhance our global offering together with Fuze. Our teams across three continents will be able to share unique experiences and case studies, and jointly deliver solutions for the ever-evolving cryptocurrency market.”
The MoU framework allows both companies to collaborate on a variety of digital asset products and services. In practice, this includes providing liquidity, collaborating on cross-border operations between Latin America, Europe and the Middle East, as well as facilitating connections, operations and transactions in the currencies of the target markets. Overall, both organizations will benefit from increased stability, lower operating costs and greater market efficiency.
Bit2Me is the leading platform in Spain for buying, selling and storing cryptocurrencies, and is backed by prestigious companies such as Telefónica Ventures, Investcorp and Ledger Enterprise. Fuze is transforming digital assets in the Middle East and Turkey, including its innovative Digital Assets as a Service offering and its over-the-counter (OTC) platform for institutional investors.
