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Zand and CoinMENA FZE Partner to Enable Seamless and Secure Virtual Asset Transactions
Zand, an AI-powered Fintech and financial services group in the United Arab Emirates (UAE), and CoinMENA FZE, the leading digital asset platform in MENA, have announced a strategic collaboration to empower CoinMENA FZE’s clients across the region with seamless and secure fiat-to-crypto integration.
Through this partnership, clients can transfer funds efficiently between their Zand bank accounts and CoinMENA FZE wallets. The collaboration highlights Zand’s pioneering role in integrating fiat and crypto solutions, offering unparalleled expertise in bridging traditional finance and decentralized finance. Zand’s AI and blockchain infrastructure ensures efficient banking services for CoinMENA FZE users, making the conversion between fiat and crypto – including stablecoins – secure and seamless.
This collaboration leverages CoinMENA FZE’s position as one of the most trusted and regulated digital asset platforms in the MENA region. By integrating with Zand, CoinMENA FZE seeks to enhance its value proposition to its growing client base, with a more direct and secure way for clients to fund their accounts, and an enhanced user experience.
Michael Chan, CEO of Zand, said: “We are excited to partner with CoinMENA FZE to enable their clients to transact effortlessly. This collaboration aligns with our commitment to advancing the digital economy and driving innovation in the region’s financial services by bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). By bringing together the best of both worlds, we are redefining the future of finance.”
CoinMENA FZE Co-Founders Talal Tabbaa and Dina Sam’an said in a joint statement: “We are delighted to join forces with Zand, a forward-thinking digital bank that shares our commitment to regulatory compliance and financial innovation. This collaboration strengthens our position as a regional leader in the virtual asset space and opens the door for future progress. We look forward to building on this success and continuing to innovate together.”
Subject to regulatory approval, Zand and CoinMENA FZE aim to explore opportunities for collaboration, including the tokenization of real-world assets, institutional-grade custody solutions, and broader infrastructure development to support the digital economy.
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