Experts and participants in the Abu Dhabi Financial Week have confirmed that the United Arab Emirates has emerged as one of the key global hubs for modern finance, thanks to its strategic location, access to capital, and a business-friendly environment. The nation’s economic stability and world-class infrastructure position it as a leading center for the development of sovereign blockchain frameworks and the regulation of digital assets.
Ideal Platform
Marco Santori, the CEO of Solmate, a company focused on building infrastructure based on Solana and managing digital asset treasury, emphasized that the UAE has become a significant player in modern finance and blockchain financing due to its strategic location and accessible capital. In remarks to the Emirates News Agency on the sidelines of Abu Dhabi Financial Week, Santori indicated that this event serves as an excellent platform for companies focused on developing infrastructure in the UAE.
He added, “We are constructing real infrastructure here in the UAE, setting us apart from firms that merely place digital assets with third parties. This enables us to implement initiatives in the UAE that were previously unfeasible.” Santori also noted that Abu Dhabi Financial Week brings together investors, business partners, and even some competitors, underscoring the necessity of such events for staying updated on industry developments and networking with key stakeholders.
He regarded the UAE as having a clear vision in the realm of digital assets, which aligns with Solmate’s focus. He highlighted critical success factors, including the UAE’s proximity to capital, essential for a company looking to build a robust digital asset treasury, and its strategic geographical location. “In the UAE, we feel capable of creating a new Wall Street, replacing traditional intermediaries with a more efficient financial system,” he added.
Economic Stability
Andrey Lazurenko, CEO of the ADI organization, which works on building blockchain technology infrastructure, noted that the UAE has transitioned “from initial experimental phases to developing one of the most advanced environments for digital assets and Web 3 technologies.” He further stated that, due to its economic stability, world-class infrastructure, and strategic position between East and West, the UAE has become a leading global center for developing sovereign blockchain frameworks, regulating digital assets, and guiding Web 3 policy.