LFi, Canadian fintech tech startup, leveraging advance computing and blockchain has expanded into the UAE with a presence in Dubai under its new LFi Labs office. According to the news releases, the Lab will serve as a central hub for new advancements and innovations.  As per their website, LFi is a decentralized platform designed to provide equal opportunities for wealth generation and financial independence through crypto.  It operates on its own blockchain, guided by a DAO-driven ecosystem.  The startup intends to fuse crypto, finance and technology to foster innovation and financial freedom. The tech startup seeks to provide a diverse range of products and services that give people greater access to tools and information for navigating the crypto and Web3 landscape. According to the news , the establishment of the Labs locally in UAE gives the brand a strong foothold in one of the most progressive, influential, and technology-oriented economic hubs in the Mi...

    Swiss based Buildrs, a blockchain, metaverse and Web3 infrastructure provider has announced that it has opened a location in the UAE and is embarking on its first project with its first customers. Buildrs is specialized in the virtual economy, blockchain, and gamification. Buildrs mission is to accelerate the adoption of Web3. Virtual assets, digital ownership, co-creation, and transparency are at the core of the experiences we build. The company develops a portfolio of products and use cases across various industries as real estate, hospitality, entertainment, and gaming. Buildrs empower them using the original platform, which covers all aspects of virtual assets, the virtual economy, and the Metaverse. Viktor Andreas, Founder and CEO of Buildrs stated in a LinkedIN video , “ We are very excited to be here in Dubai and continue our journey providing Web3 infrastructure which we have started three years ago in Swtizerland. UAE has created one of the most innovative...

  According to the Korean news site Newsis, Neowiz Holdings one of South Korea's leading game giants, the creator of Web3 gaming platform Intella X which recently raised $12M because of its upcoming launch on Polygon, has established its Blockchain entity Neofly in the UAE. As per the Korean News site, Oh Seung-heon, CEO of Neowiz Holdings, is visiting Abu Dhabi as part of Korea-UAE economic delegation to seek cooperation with local government agencies and companies in the blockchain business. Neofly the subsidiary of Neowiz has developed a public blockchain platform called NEOPIN. Neofly issued its own virtual asset Neopin (NPT) which connects to its ecosystem of games, metaverses, services, non-fungible tokens (NFT), etc., centering on DeFi (Decentralized Finance) services. An official at Blockchain entity Neofly also headed by Seung Heon, stated that they had established a local presence in UAE. “We have been seeking to enter the global blockchain market based on the U...