Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Digital asset startup Fuze completes US$14 million in seed round financing, led by Further Ventures
2023-09-20 05:19:56
Odaily News The Middle East digital asset startup announced that Fuze has completed a US$14 million seed round of financing. Abu Dhabi venture capital institution Further Ventures led the investment, and New York-based early-stage venture capital firm Liberty City Ventures participated in the investment. It is reported that Fuze was established in December 2022 and joined Hub71, Abu Dhabi’s global technology ecosystem, this year. Fuze enables banks, fintechs or businesses to offer regulated digital asset products to customers through native applications. Its white label solutions handle the complexities of blockchain and regulatory fees for businesses, allowing businesses to easily offer digital assets such as stablecoins, cryptocurrencies, CBDC and tokenized assets. (PR Newswire)