Dubai, UAE, May 1st, 2023

  • MaskEX and Finoverse to co-host Opening Reception to kick off Finoverse Arabia Discovery Tour
  • Dubai and Hong Kong unite in exploring Web3 opportunities

MaskEX, a next-generation crypto exchange headquartered in Dubai, today announces that it is partnering with Finoverse, one of the world’s largest and most active FinTech and Web3 communities, to co-host the Opening Reception of the Finoverse Arabia Discovery Tour.

The Finoverse Arabia Discovery Tour will take a delegation of over 20 founders, venture capitalists, family offices and regulators from Hong Kong and China’s Greater Bay Area to the Middle East to explore opportunities and potential synergies in the Web3 and virtual assets space.

The Opening Reception is set to take place on 7 May at the Museum of the Future, located in the financial district of Dubai. A panel discussion will take place during the reception, where crypto experts — including MaskEX’s Vice President and Chief Strategy Officer Ben Caselin, Token Bay Capital’s Founder & Managing Partner Lucy Gazmararian and the Chair of The Women’s Foundation Angelina Kwan — will debate the current state of TradFi and virtual asset adoption in Asia and the Middle East.

“It is incredibly heartening to see both Dubai and Hong Kong coming together to potentially set an example for the rest of the world on how to facilitate innovation in the digital assets industry,” commented Ben Caselin.

“As a truly historical crypto hub, Hong Kong has played a key role in the development of the crypto ecosystem and is now once again moving to the forefront of Web3 innovation. Similarly, with the establishment of the first regulatory body dedicated to overseeing all activities related to the virtual assets sector throughout the Emirate, Dubai has positioned itself well to stay at the helm of blockchain innovation. It is therefore a great honor for MaskEX to help kickstart the Finoverse Arabia Discovery Tour.”

“At Finoverse we aim to bridge Asia and the Middle East, two of the most vibrant Web3 destinations globally,” added Anthony Sar, CEO & Co-Founder of Finoverse. “Regulators from both Dubai and Hong Kong have demonstrated support for the industry’s further development. There is no better time than now to explore opportunities for collaboration between these two regions.”

The Opening Reception will be attended by several prominent regional leaders, including Shaikh Hamad Rakadh Salem Hamad Alameri, a renowned member of the Royal Family in Abu Dhabi and stakeholder in the Abu Dhabi Investment Authority (ADIA). ADIA is a 50% shareholder in MaskEX.

About MaskEX

Headquartered in Dubai, UAE, MaskEX is a next-generation centralized crypto exchange, that aims to provide easy and secure access to digital assets for everyone. Founded in 2021, MaskEX is committed to empowering users globally and contributing to the growth of the crypto and blockchain industry by offering a wide range of innovative products and services to its users. MaskEX offers a user-friendly interface and advanced trading tools, making it easy for both novice and experienced traders to navigate the crypto market. The exchange offers a comprehensive range of products, including savings packages, over 300 spot pairs, and deeply liquid futures markets. Additionally, MaskEX offers a range of on- and off-ramp products to help users easily convert fiat currency to digital assets and vice versa. With a growing user base of over one million users across the globe, MaskEX is dedicated to promoting the adoption of digital assets and building a more inclusive economy for all smart cities and their citizens.