ADGM-based MidChains joins Visa’s Fintech Fast Track program

  • Date: 13-May-2022
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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ADGM-based MidChains joins Visa’s Fintech Fast Track program

MidChains, a virtual asset trading platform and custodian based in Abu Dhabi Global Market (ADGM) and licensed by the Financial Services Regulatory Authority (FSRA), has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa.

This will streamline MidChains’ ability to harness the reach, capabilities, and security of VisaNet, the company’s global payment network. Through Fast Track, MidChains is preparing to launch a Visa payment credential connected to its platform, making it possible for MidChains users to convert and spend virtual assets at one of Visa’s 80 million plus merchant partners worldwide.

MidChains offers multiple state-of-the-art trading tools that make investing easier and more efficient. The company offers competitive pricing on a wide range of virtual assets and, and does not charge any hidden fees or spreads. Its high-performance trading software and hardware are capable of executing trades in microseconds and offer a rebate program to its clients that are among the most attractive in the market today.

Basil Al Askari

Co-founder & CEO

MidChains “Our Visa partnership is important as it bridges the gap with traditional finance and allows us to bring crypto to a much larger network of consumers. Following best practices, consumer protection and regulatory compliance while driving