DeFi Technologies Expands Operations into MENA Region

TLDR

• DeFi Technologies establishes offices in Dubai’s Jumeirah Lake Towers.
• Valour plans to increase digital assets from 65 to 100 by 2025.
• UAE’s financial landscape supports growing institutional interest in DeFi.

DeFi Technologies Inc., a company listed on the NASDAQ stock exchange under the ticker DEFT, has officially expanded its operations into the MENA region. The company has registered DEFI DMCC and established offices in Dubai’s Jumeirah Lake Towers. This move is facilitated through their subsidiary, Valour, and Valour Digital Securities Limited, with a new trading desk inaugurated at the Dubai Multi Commodities Center (DMCC).

DeFi Technologies aims to support the growing institutional interest in digital assets within the Gulf Cooperation Council (GCC) and especially the UAE. This expansion represents the company’s commitment to enhancing its global outreach and tapping into new financial landscapes in the Middle East.

DeFi Technologies’ Expansion Strategy in the UAE

Olivier Roussy Newton, CEO of DeFi Technologies, has emphasized the strategic importance of this move. In a statement, he 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.” The company is focusing on using the UAE as a gateway for broader horizons, leveraging the region’s dynamic financial landscape.

“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,” Newton stated.

Olivier Roussy Newton, CEO of DeFi Technologies

Impact on Digital Asset Products

Valour, a subsidiary of DeFi Technologies, offers regulated exposure to over 65 digital assets and plans to expand to 100 by the end of 2025. Current assets include ETH, BTC, and various significant DeFi and Web3 tokens. The company acts as a major issuer of exchange-traded products (ETPs) for these digital assets.

No new token launches or ecosystem partnerships have been announced in connection with the Dubai office’s launch. However, the expansion could impact liquidity and trading volumes, particularly affecting major protocols and their digital assets like ETH and BTC.

Institutional Involvement and Market Context

As of now, no specific funding amounts or major institutional commitments have been disclosed for this UAE expansion. The move aligns with the growing Middle Eastern DeFi markets, driven by tech-forward regulations and increased investor demand in the region.

The GCC, especially the UAE, has a history of significant investment in digital asset infrastructure. Previous expansions by other digital asset ETP providers have led to increased regulated product offerings and higher market liquidity. Dubai’s regulatory framework supports these moves, though no new regulatory policies specific to this expansion have been mentioned.