UAE among top global hubs for digital assets, modern finance

Marco Santori, Chief Executive Officer of Solmate Infrastructure, the Solana-based crypto infrastructure company based in Abu Dhabi, affirmed that the United Arab Emirates has become one of the world's leading centres for modern finance and cross-chain finance, supported by its strategic location, proximity to capital and business-friendly environment.

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Speaking to the Emirates News Agency (WAM) on the sidelines of Abu Dhabi Finance Week (ADFW), Santori said the event is an ideal platform for companies focused on infrastructure development in the UAE.

He added that Solmate is building real infrastructure in the UAE, which distinguishes it from companies that simply place digital assets with third parties, allowing it to implement capabilities in the UAE that were not previously possible.

Santori noted that Abu Dhabi Finance Week brings together investors, business partners and even some competitors, describing such gatherings as essential for remaining updated on industry developments and engaging directly with key stakeholders.

Commenting on the UAE's position in the digital finance sector, Santori said the country has distinguished itself and demonstrated a clear vision in the realm of digital assets, the field in which Solmate operates.