Home Brand View Fastex announces opening of its new office at Dubai World Trade Center’s One Central The expansion and the location demonstrate Fastex’s dedication to growth and integration within the Dubai business landscape by GULF BUSINESS February 22, 2024 Image credit: Supplied Fastex, Web3 Ecosystem, has recently opened a new office in Dubai World Trade Center, One Central. This expansion demonstrates Fastex’s dedication to growth and integration within the Dubai business landscape. The office’s location in DWTC is strategically chosen to facilitate closer collaboration with the Virtual Asset Regulatory Authority (VARA), which shares space within the same complex. This proximity enhances Fastex’s ability to work closely with the authority and expedite the licensing process as a Virtual Asset Service Provider (VASP). Fastex’s growth strategy In addition to the office opening, Fastex has received initial approval from VARA to conduct Broker-Dealer and Exchange operations, highlighting its commitment to regulatory compliance. Vardan Khachatryan, the chief legal officer and member of the Board of Directors at Fastex, commented on the company’s recent expansion with optimism. He stated, “Opening our new Dubai World Trade Center office is a noteworthy step in Fastex’s growth strategy. This move underscores our commitment to adhering to industry standards and maintaining high-quality service in the digital asset field. Being located in the DWTC, close to VARA and other key industry participants, positions us well to offer reliable and regulated services to our clients.” The Dubai World Trade Center’s One Central is renowned for being a progressive business environment. Fastex’s presence there indicates its commitment to being a part of a vibrant, innovative financial community. The company looks forward to contributing to the region’s growing reputation as a global hub for virtual assets and blockchain technology. Fastex is the all-encompassing ecosystem that redefines the Web3 experience. Fastex stands at the forefront of blockchain and AI technology, seamlessly blending vast opportunities within a unified and user-friendly environment, such as Fastex Exchange, FastexPay crypto payment gateway, Fastexverse, and the e-commerce platform – ftNFT Marketplace with phygital space. Fastex distinguishes itself by prioritising regulatory compliance, ensuring a secure and reliable experience for all users in the evolving landscape of global digital finance. Tags Blockchain crypto Dubai Fastex NFT VARA You might also like 5 tips for thriving in Dubai’s business environment Eid Al Etihad 53: Where to watch National Day fireworks in the UAE Insights: Dubai reigns as the ultimate destination for luxury living UAE real estate market poised for strong growth in Q4: JLL