WEMIX opens Abu Dhabi office to spearhead growth in fast-growing MENA region

  • Date: 31-Jan-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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WEMIX opens Abu Dhabi office to spearhead growth in fast-growing MENA region

- Launchpad for growing operations in the UAE and MENA

- Announces intention to collaborate on blockchain-related projects

ABU DHABI, UAE/PRNewswire/ -- Korea's leading blockchain-based ecosystem developer WEMIX today announced the next step in its global expansion plans with the launch of its subsidiary in the Middle East and North Africa (MENA) region. Located in Abu Dhabi Global Market (ADGM) - a premier international financial centre known for its transparent and pioneering regulatory frameworks, business-friendly operations and well-established local and international strategic partnerships, WEMIX MENA LTD is expected to spearhead the growth of its operations amid major crypto and blockchain industry developments in MENA.

"We are seeing increasing interest in cryptocurrency and blockchain as key business drivers from both the public and private sectors in Abu Dhabi and across the UAE. The launch of our operations in MENA is an important step for tapping into the momentum in this fast-growing region and will play a pivotal role in contributing to the expanding blockchain ecosystem." said Jason Kim, Director, WEMIX MENA LTD.

The MENA region is the world's fastest growing market in terms of crypto adoption[1], while Abu Dhabi, the capital of the United Arab Emirates, has also been actively focusing on expanding global blockchain