Bit2Me will provide enhanced liquidity capabilities and LATAM market access to Fuze. Fuze will provide Bit2Me with MENA market access and a connected trading infrastructure
Fuze, MENA’s pioneering provider of digital assets infrastructure, and Bit2Me, a leading digital assets company in Spanish markets that is registered with the Bank of Spain, have signed a Memorandum of Understanding (MoU). This newly forged partnership creates improved connectivity of digital assets infrastructure between Latin America, Europe, and the Middle East.
This agreement unites two of the world’s rapidly developing digital assets platforms, also maximizing the prospect of platform trading between digital assets using the United Arab Emirates Dirham (AED). The agreement was signed by representatives of both Fuze and Bit2Me at Hub71, Abu Dhabi’s global tech ecosystem.
Mohammed Ali Yusuf (Mo Ali Yusuf), Co-Founder and CEO of Fuze said, “Bit2Me has a strong focus on regulation, security and compliance across digital assets, marking them as an ideal partner for our strategic expansion. Together, we will be able to innovate and truly tap into the wealth of possibilities for regulated digital assets across the globe. We are proud to sign this agreement in Abu Dhabi where we started our journey, a place which will be pivotal in the development of cryptocurrency and the future of finance.”
Bit2Me Co-CEO, Koh Martinez added, “There is a significant demand for digital assets services in the Middle East and we are delighted to enhance our global offering in tandem with Fuze. Our teams across three continents will be able to share unique experiences and case studies and collaboratively offer solutions for the ever-evolving cryptocurrency market.”
Mo Ali, CEO at Fuze & Koh Onozawa, co-CEO at Bit2Me
The MoU framework enables both companies to collaborate on a variety of digital assets products and services. In practicality, this includes enabling liquidity provision, collaborating on cross-border trading between Latin America, Europe, and the Middle East, as well as facilitating connections, trades and transactions in target market currencies. Overall, both organizations will benefit from enhanced stability, decreased operational costs, and increased market efficiency.
Bit2Me is the leading platform in Spain to buy, sell and store cryptocurrencies and is backed by prestigious companies such as Telefónica Ventures, Investcorp and Ledger Enterprise. Fuze is transforming digital assets across the Middle East and Turkey, including its novel Digital Assets-as-a-Service offering and over-the-counter (OTC) platform for institutional investors.
