Crypto Valley Association, Crypto Oasis to Boost Blockchain Development in ME – News
This initiative will improve cooperation for further growth and innovation in both regions.
Attached picture
Crypto Valley Association, the Switzerland-based association of blockchain companies and crypto professionals, has partnered with Crypto Oasis, Dubai to connect the growing blockchain communities in both Switzerland and the Middle East. Sharing several of the same goals for the growth of a thriving global blockchain ecosystem, the Crypto Valley Association joins forces with Crypto Oasis to increase the development and adoption of blockchain technology.
Ralf Glabischnig, founder of Crypto Oasis, is fully focused on connecting Crypto Valley to Crypto Oasis and expanding the wider Inacta Group with venture capital and venture building structures in the UAE. The goal is to replicate the unique ecosystem growth strategy from Crypto Valley to Crypto Oasis. Inacta is also one of the founders of the Crypto Valley Association and believes the time is ripe for this collaboration to bring the two regions closer together and bridge the geographical distance.
The Crypto Valley Association is based in Zug, which is Europe’s crypto capital. The association was founded to take advantage of Switzerland’s strengths to connect start-ups and established companies and promote blockchain and cryptographic technology innovation and adoption. The alliance with Crypto Oasis will help build bridges, share knowledge and enable exchanges between crypto-passions in Switzerland and the Middle East.
Emi Lorincz, President of the Crypto Valley Association said: “I am excited to help accelerate the global growth of the Crypto Valley Association. After opening our CVA Latin America Chapter, the Middle East, as a hub – with already 1000+ organizations – the appropriate next step for our expansion We are excited to partner with the digital economy in the Middle East with our focus on blockchain technology, and we are excited about this thriving partnership with Crypto Oasis that will help us advance blockchain adoption globally scale.”
Faisal Zaidi, co-founder of Crypto Oasis will lead the Crypto Valley Association Middle East chapter.
“We are excited to announce our new alliance with the Crypto Valley Association. The two 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 Switzerland, which is at the forefront of disruptive technology, with the Middle East poised to become the new hub for crypto and blockchain,” said Zaidi.
To start the construction of the bridge between Dubai and Switzerland, Crypto Oasis invites Dubai International Financial Center (DIFC) to visit Crypto Valley in Zug, Switzerland. During the visit, they will identify blockchain organizations in the Crypto Valley that have the potential to migrate to Dubai to further enhance the Crypto Oasis ecosystem. These crypto companies will get a chance to explore the abundance of opportunities in this region and witness a friendly jurisdiction that welcomes disruption in the digital space. Further of these visits with other major organizations such as DMCC, DWTC and ADGM are planned for the future.
The heart of the fastest-growing blockchain ecosystem in the world is Dubai, which is emerging as a citadel of blockchain innovation and has the potential to support large blockchain enterprises. Crypto Oasis catalyzes the growth of organizations in the crypto space and, like the Crypto Valley Association, brings together investors, startups, businesses, researchers and public entities. The cooperation and collaboration between both will aim to advance the digital economy in the Middle East and bring distributed ledger technology to the mainstream.
