Dubai - Sharikat Mubasher: Fastex, a leading Web3 ecosystem reshaping the landscape of blockchain and digital finance, opened its Dubai office and launched its ftNFT platfrom as part of its regional expansion strategy for the Middle East and North Africa (MENA) region.

With these milestones, Fastex aims to support the UAE’s growing position as a global hub for digital assets while enhancing its presence in the local Web3 market, a recent statement unveiled.

Fastex’s all-encompassing ecosystem includes advanced digital finance solutions such as Fastex Exchange, Fastex Wallet, and Fastex Card, alongside the innovative ftNFT platform. This ecosystem fills the gap between digital and traditional finance, empowering users with secure, seamless access to a wide range of blockchain-based services.

Vakhtang Abrahamyan, CEO of Fastex, said: “As Fastex scales its ecosystem, we remain focused on global growth, leveraging the UAE as a foundation for entry into additional markets in the MENA region and broader international landscape.”

He added that the company’s growth strategy includes reinforcing regulatory alliances, advancing innovative solutions within its ecosystem, and expanding partnerships with industry leaders across key markets.

In line with its commitment to regulatory standards, Fastex has also achieved significant regulatory milestones, including recent pre-approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for Broker-Dealer and Exchange operations.