Fuze Fuze is a digital assets infrastructure platform that enables financial institutions to embed digital assets products natively into their apps.
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Fuze, a first-of-its-kind platform, enables banks, fintechs, and enterprises to embed regulated digital assets infrastructure, and rapidly launch products from their native apps. This technology-first regulated infrastructure supports cryptocurrencies, central bank digital currencies, and tokenized assets. This enables banks and financial institutions to launch regulated and secure digital assets solutions in a B2B2C fashion, thereby allowing retail customers to participate in the virtual assets economy in a secure manner. Fuze is regulated by the Virtual Assets Regulatory Authority (VARA), the entity that is responsible for regulating and overseeing the provision, use, and exchange of virtual assets in and from the emirate of Dubai, and it has also raised US$14 million in seed funding from Further Ventures, backed by Abu Dhabi-based ADQ.
- FOUNDED IN: 2022
- SECTOR: Fintech
"Fuze is building blockchain infrastructure for traditional financial services. In the next few years, millions of users in and from the UAE will be able to use digital assets services from their trusted regulated financial institutions such as banks. This will make the existing financial services efficient, secure, and scalable. We believe this will extensively support UAE's vision of establishing itself as a pioneer in the blockchain sector."
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