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GCC: Top startups to watch in 2023

The sector has made massive achievements over the years and the boom isn’t slowing down from top startups like Tarabut Gateway, Tabby, YAP.

Crypto Exchange Rain to Target UAE Asset Managers After Winning Licence

Crypto Exchange Rain to Target UAE Asset Managers After Winning Licence
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Abu Dhabi Global Market grants financial services permission to crypto exchange Rain

Abu Dhabi Global Market grants financial services permission to crypto exchange Rain
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Crypto exchange Rain to target UAE asset managers after winning licence

Middle Eastern crypto exchange Rain said on Tuesday its Abu Dhabi unit obtained a license to operate a virtual assets brokerage and custody service for clients in the United Arab Emirates. .

al sayegh: Crypto exchange Rain to target UAE asset managers after winning licence

Middle Eastern crypto exchange Rain, backed by Coinbase, has secured a licence to operate a virtual assets brokerage and custody service in the United Arab Emirates through its entity based in the Abu Dhabi Global Market financial freezone. Institutional and retail clients in the UAE will be able to buy, sell and store virtual assets using their local payment network. Rain, which raised $110m last year in a funding round that valued it at $500m, said it would use the money for regional expansion.

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