UAE Ghaf Labs and Blockchain firm Republic Crypto partner to offer investment accelerator services in MENA
UAE Ghaf Labs, sister company of Ghaf Capital Partners, a
premier blockchain consultancy and incubator firm based in the Middle East,
focused on cultivating and fostering dynamic startups in the blockchain domain
and Republic Crypto, a global blockchain firm that provides end-to-end white
glove advisory services to accelerate the best crypto companies from seed to
liquidity, have partnered in UAE to offer consulting, acceleration services to
blockchain and Web3 entities in MENA.
Obtaining a license from the DIFC in 2022, Republic Crypto
is now extending its tech advisory services to the UAE market. This is the
first step towards its plan to deliver its full stack of products and services
with an intention to enrich and further develop the local and regional web 3
landscape. The company is also committed to contributing to the regional
regulatory framework by collaborating with all relevant governmental entities,
starting within the UAE.
Republic Crypto is bringing its experience in advising companies
and protocols on tokenization, smart contract development, marketing,
fundraising, and more. Republic Crypto
will help the region's startups and businesses tap into and leverage the web 3
industry to further realize their full potential. Avalanche, Dappradar, and Zed
are a few of the company's many successes thus far.
Ghaf Labs will help Republic Crypto identify and support
exciting new projects as well as build a strong presence within the UAE.
Together, the two firms aim to provide the highest quality service and support
for the UAE's web 3 needs.
Republic Crypto has signed an agreement with MyCo ( formerly
MContent ), a Dubai-based web3 streaming platform, to help build their web 3
strategy, making MyCo the first advisory project from the region. MyCo is the first-of-its-kind vertically
integrated streaming platform that empowers creators and users alike and offers
a diverse content slate, including film, tv shows, influencer content, live
sports, and UGC.
Anwaar AlMahmeed, Managing Director of Republic Crypto in
MENA, stated, "At Republic, we have been evaluating the MENA landscape,
building our network, and having consistent conversations with investors,
startups, and regulators for our various lines of business. We determined early on that the UAE is a
regional leader in the web 3 space. I am excited to finally announce Republic
Crypto's local presence and services, along with our partnership with the
wonderful team at Ghaf Labs, a leader in the local UAE market, whom I trust
will help build our vision for this market according to our shared values and
dreams. I am confident that this
partnership will be able to foster a robust ecosystem of quality and innovation
and help shape the future of the industry in the region."
Feras Al Sadek, Founder and CEO at Ghaf Labs, commented on
the partnership, stating that “The expansion of Republic Crypto into the UAE
market and its partnership with Ghaf Labs is a significant step forward for the
local blockchain industry. By leveraging each other's networks and experiences,
we shall create a very precise strategy based on growth, acceleration,
advisory, and consultancy services. This will allow us to provide cutting-edge
solutions to our clients and further enrich the blockchain ecosystem around
us."
Comments
Post a Comment