Hadi Kabalan

Latest insights from Coinbase Mid Year Review, with implications for technical Web3 founders: 🔧 Resilience in the Digital Assets Class: Even in a turbulent economy, digital assets like Bitcoin and Ethereum are proving resilient. Regions with clear regulatory frameworks, such as the UAE, are becoming innovation hotspots. These bell weather tokens green light founders' confidence to innovate on the frontier in #blockchain and #Web3. 📈 Accelerating Adoption from Layer 2 Blockchain: As fees on blockchains continue to deflate, adoption accelerates, as measured by Total Value Locked (a measure of locked tokens), total transactions, and active wallets (a measure of user activity on blockchain). Certain Layer 2 blockchains are hitting tipping points of adoption in 2024. 🧠 Harmonizing #AI and Web3: The report highlights how integrating AI into Web3 platforms can drive exponential improvements in product development, user engagement, and operational efficiency. Think AI-powered smart contracts, automated customer service, or dynamic token economies — these are no longer futuristic ideas but are near term venture opportunities. Why You Should Care: As a technical founder, the robust infrastructure provided by blockchain and the computational power of AI opens up new realms of product possibilities. The report underscores the potential of Web3 gaming and tokenized AI to disrupt traditional models. Consider how these trends can enhance your product offerings and user experience. Furthermore, Apple's recent announcements in their AI strategy will bring AI to the consumer, further opening up product design possibilities that incorporate the aligned Web3 business models. Venture capital is actively looking for early stage investments in this area. We at Decasonic are committed to backing outlier founders harnessing these transformative technologies. We invest in projects that align with our vision of a technology intersections.

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UAE unveils digital exchange Finstreet led by ex-SIX exec Thomas Zeeb - Ledger Insights - blockchain for enterprise https://buff.ly/3B4nAqH The United Arab Emirates (UAE) has recently launched Finstreet, a digital exchange spearheaded by former SIX executive Thomas Zeeb. This move signifies the country's commitment to embracing innovative blockchain technology for enterprise applications. The development of Finstreet under Zeeb's leadership is poised to make a significant impact on the digital exchange landscape. This initiative showcases UAE's forward-thinking approach towards fostering a technologically advanced financial ecosystem. With Finstreet, the UAE is positioning itself as a key player in the digital exchange sector, paving the way for enhanced efficiency and security in transactions. #BlockchainInnovation #DigitalExchange

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The markets are ever changing. Check out this article about the new #UAE exchange. https://lnkd.in/ebfeV5JY Can you #AI projects adjust for the future? Check out Keai's RegenAI product and see how it is designed with #futureproofing. #DIFC #Fintech #GenerativeAI #RegenerativeAI

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UAE Central Bank Unveils New Regulations for Stablecoins: What You Need to Know The UAE Central Bank has introduced new regulations for stablecoins, set to take effect in June 2025, which will require that only dirham-backed stablecoins can be used for transactions within the Emirates. Other digital assets like Bitcoin and Ether will still be allowed for investment and trading but not for direct payments. Why It Matters: This law aims to create a clear operational framework for cryptocurrencies, promoting their mainstream acceptance. www.thenationalnews.com

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PostFinance, the Swiss government-owned bank, has broadened its cryptocurrency services by introducing trading and custody options for Ripple (XRP), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT). This development underscores the bank's commitment to integrating digital assets into its offerings, following an initial collaboration with Sygnum Bank in April 2023. Read the full story on the CryptoWeekly website using our link below. #crypto #cryptocurrency #switzerland #bank #finance

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Tether Launches UAE Dirham-Pegged Stablecoin: A Game-Changer for Investors in the UAE! Exciting news for the UAE business community! Tether, the world’s leading stablecoin issuer, has announced its latest innovation: a stablecoin pegged to the UAE Dirham (AED). This strategic move is set to revolutionize the way businesses and investors transact in the UAE, offering numerous benefits: 1. Seamless Transactions: The Dirham-pegged stablecoin will enable quick and secure transactions, both domestically and internationally, making business dealings more efficient. 2. Reduced Costs: By leveraging blockchain technology, the stablecoin will help businesses save on transaction fees associated with traditional banking systems. 3. Protection Against Currency Fluctuations: A stable, AED-pegged digital asset provides a hedge against the volatility of other currencies, ensuring that your investments remain secure. 4. Enhanced Financial Inclusion: This new asset will be instrumental in integrating more businesses into the digital economy, especially in the rapidly growing UAE market. 5. Boost for UAE’s Crypto Ecosystem: With cities like Dubai and Abu Dhabi leading the way in blockchain innovation, Tether’s Dirham stablecoin will further cement the UAE’s position as a global hub for digital finance. As the UAE continues to embrace digital assets, Tether’s new Dirham-pegged stablecoin is set to become an essential tool for businesses and investors looking to capitalize on the UAE’s robust economic environment. #Tether #Stablecoin #UAE #Blockchain #CryptoInnovation #BusinessGrowth https://lnkd.in/d-gTbCRj

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Ondo Finance's token offering will now be integrated to over 90 blockchains in the cosmos ecosystem🌐 𝐈𝐧 𝐜𝐚𝐬𝐞 𝐲𝐨𝐮 𝐝𝐢𝐝𝐧'𝐭 𝐤𝐧𝐨𝐰.. Cosmsos interoperability network includes many big names, such as dYdX, Sei Network, Injective Labs and Celestia Labs. Ondo will use https://nobleassets.xyz/ as a "routing hub" for liquidity across the Cosmos ecosystem. This is pretty huge news, given that Ondo has now deployed its products across such a large number of thriving ecosystems. Sui, Solana, Polygon, Mantle, Aptos, Injective and now 90 other blockchains on Cosmos, thanks to Noble. 𝐎𝐧𝐝𝐨 𝐡𝐚𝐬 𝐭𝐡𝐞 𝐩𝐞𝐫𝐟𝐞𝐜𝐭 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐢𝐧𝐠.. It's products are institutional-grade, yet DeFi leaning, making them attractive to tradfi participants, whilst benefiting from the network effect that comes from deploying in leading blockchain ecosystems. Having defined its product-market-fit so early on, has also helped to give them such a competitive edge - the use case for RWA-backed yield bearing stablecoins is very clear. The recent decision to move $90M worth of assets backing OUSG to Blackrock's new tokenized fund (BUIDL), was a fantastic move. 𝐖𝐢𝐭𝐡 $300𝐌 𝐢𝐧 𝐓𝐕𝐋 𝐚𝐜𝐫𝐨𝐬𝐬 𝐢𝐭𝐬 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐚𝐥𝐫𝐞𝐚𝐝𝐲.. It's pretty safe to say that $Ondo is off to a flying start, yet I feel there is so much more to come. Ondo Global Markets, announced recently is a product that will enable them to capture an even larger market share, focused more broadly on securities tokenization, without being limited to its current t-bill exposed products. Below, I have dropped the Coindesk article covering this big new partnership and more information on Ondo GM for you to digest👇

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Stablecoins & Tokenization: New Forefronts in Innovation for Central Bankers. Visa has issued over 10bn tokens, a figure that surpasses the number of physical Visa cards in circulation and highlights the widespread adoption and trust in the technology. A financial ecosystem is in sight where blockchain and tokenization technology play pivotal roles — not just in transferring value but also in creating entirely new forms of financial interaction and service delivery. #tokenization #fintech #payments #digitalassets FSV Labs https://lnkd.in/d4cjsX_y

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Chainalysis Chooses Dubai for Regional HQ, Poised to Lead Crypto Growth in Emerging Markets Chainalysis, a global leader in blockchain intelligence, selects Dubai as its HQ for Southern Europe, Middle East, Central Asia, and Africa. This strategic move strengthens their position in the region's booming crypto space. Why Dubai? ▶ Aligns with UAE's ambition to be a global crypto hub. ▶ Supports local govts & businesses with crypto investigations, Web3 growth, and risk management. ▶ Collaborations with MOAI & Emirates NBD to foster innovation and talent. Looking ahead: ▶ Dubai HQ fuels expansion into India, Africa & Central Asia. ▶ Hiring skilled professionals in finance, compliance & Web3. Chainalysis empowers local entities to navigate the crypto landscape with confidence. Nicola B. | VP Southern EMEA | Chainalysis Michael Gronager | CEO | Chainalysis Read More : https://lnkd.in/d67rwvXu #Chainalysis #Dubai #Cryptocurrency #Blockchain #MENA #EmergingMarkets

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𝐀𝐛𝐮 𝐃𝐡𝐚𝐛𝐢 𝐅𝐢𝐫𝐦𝐬 𝐋𝐚𝐮𝐧𝐜𝐡 𝐓𝐨𝐤𝐞𝐧𝐢𝐳𝐞𝐝 𝐔𝐒 𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐢𝐞𝐬 𝐅𝐮𝐧𝐝 𝐰𝐢𝐭𝐡 𝐑𝐞𝐚𝐥𝐢𝐳𝐞 𝐚𝐧𝐝 𝐍𝐞𝐨𝐯𝐢𝐬𝐢𝐨𝐧 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: ✅ Launch of Tokenized Treasuries Fund: Abu Dhabi firms Realize and Neovision Wealth Management have introduced the Realize T-BILLS Fund, converting U.S. Treasury-focused ETFs into digital tokens tradable on blockchain networks. ✅ Collaboration and Fund Structure: Realize will handle tokenization, while Neovision Wealth Management will manage the fund. The fund aims to grow to $200 million and will purchase ETF units from BlackRock’s iShares and State Street’s SPDR. ✅ Growing Tokenized Treasury Market: The tokenized U.S. Treasuries market has a $2.4 billion market cap on public blockchains, driven by demand for digital assets backed by U.S. government debt, with support from major players like BlackRock and Franklin Templeton. ✅ Blockchain Integration: The Realize T-BILLS Fund, the first tokenized fund from Abu Dhabi Global Market, will issue the $RBILL token, initially available on the IOTA and Ethereum blockchains. ✅ Efficient Investment Approach: Co-founders emphasize that tokenizing T-Bill ETFs is more efficient than purchasing cash Treasuries directly, as it avoids the repeated transaction costs of buying Treasuries on the open market. Read more here: https://lnkd.in/eJeEdnSc

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Interesting that two of the largest fund raises over the past few weeks are for layer-1 blockchain builders. Berachain announced on Friday that it closed a $100m round led by Framework Ventures and the Abu Dhabi branch of Brevan Howard Digital. Just a few days earlier, Monad Labs announced that it had finalized a $225 million round led by Paradigm. These are big rounds, and the timing and size suggests that venture investors are still betting on engine builders. While I’m sure public-facing applications are also getting some funding, I haven’t seen them get this size of allocation. This is a reminder of how young this industry still is. https://lnkd.in/e2sMFVPv

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AED Stablecoin LLC has achieved a significant milestone by receiving in-principle approval from the Central Bank of The UAE to issue AE Coin, the nation's first AED-backed stablecoin. This marks a new chapter for the UAE’s financial landscape under the Payment Token Services Regulation. AE Coin, fully backed by the UAE Dirham, is set to revolutionize the digital economy by providing a secure, transparent, and efficient payment solution. With its integration into decentralized finance platforms, AE Coin bridges traditional finance with digital assets, enhancing both consumer and business experiences. This development aligns with the UAE’s Digital Government Strategy 2025, further solidifying the UAE’s position as a global leader in financial innovation. #stablecoin #fintechinnovation #cryptopayments #digitaleconomy #defi #blockchaintechnology #financialinnovation #digitalassets #uaefinance #digitaltransformation #paymentsolutions #uae2025

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At the recent TOKEN2049 event in Dubai, Polkadot's inventor Dr Gavin Wood announced the Grey Paper to Jam which is seen in some ways as a successor to Polkadot. In the article below I go over his conversation with the Kusamarian and talk about: - What Jam's Grey Paper is all about - Going beyond Polkadot's current constrains by implementing Jam in the future - The advantages of Jam Core - The Exploration of New Economic Models for Polkadot I will soon do a deep dive article on Jam. If you want to receive The Unchained Web's news articles, opinions and other content, then subscribe to the publication! #technology #finance #economics #polkadot #blockchain

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