Crypto Valley Association, Crypto Oasis team up to boost blockchain development in the Middle East

Crypto Valley Association, the Switzerland-based association of blockchain corporates and crypto professionals, has partnered with Crypto Oasis, Dubai to connect the growing blockchain communities in both Switzerland and the Middle East.

Ralf Glabischnig, founder of the Crypto Oasis is fully focusing on connecting the Crypto Valley to the Crypto Oasis and growing the wider Inacta Group with Venture Capital and Venture Building structures in the UAE. The goal is to replicate the unique ecosystem growth strategy from the Crypto Valley into the Crypto Oasis. Inacta is also one of the founding members of the Crypto Valley Association and believes the time is ripe for this collaboration to bring the two regions closer together and bridge the geographic distance.

The Crypto Valley Association is based out of Zug, which is Europe’s crypto capital. The association was founded to benefit from Switzerland’s strengths to connect startups and established enterprises and foster blockchain and cryptographic tech innovation and adoption. The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and in the Middle East.

Emi Lorincz, president of the Crypto Valley Association says: “After opening our CVA Latin America Chapter, the Middle East, as a hub – with already over 1000 organisations – is the fitting next step for our expansion. We are delighted to partner with the digital economy in the Middle East with our focus on blockchain technology and we’re excited about this flourishing partnership with Crypto Oasis that will help us foster blockchain adoption at a global scale.“

Faisal Zaidi, co-founder of Crypto Oasis will lead the Crypto Valley Association chapter for the Middle East. He said: “We are excited to announce our new alliance with the Crypto Valley Association. The two entities will play complementary roles and expedite our mutual aim to establish a leading global blockchain ecosystem. This alliance will connect a fragmented blockchain world by connecting Switzerland, which is at the forefront of disruptive technology, with the Middle East which is all set to become the new hub for crypto and blockchain”.

To initiate building the bridge between Dubai and Switzerland, Crypto Oasis is inviting the Dubai International Financial Centre to visit Crypto Valley in Zug, Switzerland. During their visit, they will identify blockchain organisations in Crypto Valley that have the potential to migrate to Dubai to further enhance the Crypto Oasis ecosystem. These crypto companies will get a chance to explore the plethora of opportunities in this region and witness a friendly jurisdiction that welcomes disruption in the digital space. Further of these visits with other major organisations like DMCC, DWTC and ADGM are planned for the future.

Read: Lebanese media star Wissam Breidy joins Dubai-based Crypto Oasis