DeFi Technologies Expands to UAE with New Office

Office Expansion in the UAE

DeFi Technologies, through its subsidiary Valour, has launched a new office in the UAE. This development is part of the company’s strategy to increase its presence in the MENA region. Olivier Roussy Newton, CEO of DeFi Technologies, emphasizes the importance of bridging traditional finance with decentralized finance.

The UAE office launch aims to capitalize on the country’s progressive crypto regulations and high crypto adoption rate. The focus is on expanding Valour’s exchange-traded products (ETPs). Institutional investors are particularly targeted, with plans to increase offerings to 100 ETPs by 2025.

Immediate effects of this move include potential boosts in liquidity and capital inflows into Valour ETPs. The expansion solidifies the DMCC as a hub for regulated digital asset investments. No direct impact on asset prices is immediately observed.

The opening of this office presents financial growth opportunities for DeFi Technologies. It reflects increasing institutional demand and the UAE’s position as a forward-thinking region for financial innovation. The region’s stable regulatory environment supports the company’s expansion goals.

Olivier Roussy Newton, CEO of DeFi Technologies, said, “The launch of our trading desk in the UAE signifies a pivotal moment for both Valour and DeFi Technologies as we expand our global outreach. This is more than just entering a new market; it’s about integrating into a dynamic and evolving financial landscape that the Middle East represents. We are excited to embark on this journey, leveraging the UAE as a gateway to broader horizons and setting the stage for growth and opportunity.”

Institutional confidence in regulated crypto offerings is expected to grow. Historical trends suggest similar expansions have increased institutional uptake and market legitimacy. The move may spur further product innovation and regulatory discussions on a broader scale.