Metalpha Technology Holding Limited is pleased to announce that its wholly owned subsidiary, Metalpha Limited, has partnered with Gewan Holding and Zodia Markets to establish , a joint venture aimed at driving the growth of the digital asset market in the Middle East. This milestone partnership marks a significant step in the company’s global expansion strategy and strengthens the UAE’s position as a key hub for digital asset management.
Abu Dhabi-based Gewan Holding, renowned for its diverse portfolio of strategic investments across various industry sectors, has long been a driver of innovation in the UAE capital’s financial sector, and beyond.
Financial Technology Insights: Collaboration between British Business Bank and LE Capital along with Paragon Bank
Zodia Markets is a subsidiary of Standard Chartered, a UK bank with a presence largely in emerging markets, such as Asia, Africa and the Middle East. Standard Chartered launched Zodia Markets in 2021 alongside OSL, in a move that highlighted the Bank’s desire to be leaders in the development of global digital-asset infrastructure.
Adrian Wang, CEO of Metalpha Technology Holding Limited, commented: “I’m very excited for our partnership and shared vision of advancing digital assets in the Middle East. Aiming to play a pivotal role to drive mass adoption of digital assets in the region, we look forward to expanding our presence in this dynamic market.”
Financial Technology Insights: Telleroo Appoints Capital on Tap CEO as Non-Executive Director
The formation of ZMG7 LLC comes at a time when the UAE is actively embracing fintech innovation and digital asset regulatory frameworks. As part of this joint venture, Metalpha will leverage its expertise in derivatives innovation, market structure optimization, and risk management to support ZMG7 LLC in building a fully compliant and globally competitive digital asset trading and wealth management platform.
Financial Technology Insights: OMNICOMMANDER Partners With Apiture for Enhanced Marketing for Financial Institutions
Source – PR Newswire
To share your insights with the FinTech Newsroom, please write to us at news@intentamplify.com
