Palo Alto, United States, December 11, 2024, Chainwire
The United Arab Emirates offers a gateway to innovative and high-growth developers, institutions and investors
Aptos Foundationa global blockchain leader dedicated to supporting the development of the Aptos and Web3 ecosystem around the world, is proud to announce that it will open a new office in ADGM, the main international financial center in Abu Dhabi. This strategic expansion marks an important milestone in Aptos Foundation’s mission to build a robust global blockchain ecosystem.
The Abu Dhabi office will serve as a hub for Aptos Foundation activities in the region, focusing on fostering partnerships and supporting projects designed to grow the Aptos ecosystem.
The decision to establish a presence in Abu Dhabi reflects the UAE’s position as one of the most forward-thinking markets globally when it comes to blockchain and Web3 adoption. The UAE has cultivated an environment that attracts visionary institutions and builders, supported by government policies that actively promote Web3 initiatives. By establishing operations in ADGM, Aptos Foundation will engage directly with these forward-thinking builders and institutions, creating new opportunities to collaborate and expand the Aptos ecosystem.
“The UAE is leaning heavily towards Web3, and that has made the region, and specifically Abu Dhabi, a clear leader in blockchain globally,” said Bashar Lazaar, Head of Growth and Ecosystems at Aptos Foundation. . “We want to be at the forefront of that movement and help it grow as quickly as possible. “This opening provides a unique opportunity for our team to learn and connect on the ground with cutting-edge builders, institutions and investors who push boundaries every day.”
“We are excited to welcome Aptos Foundation to ADGM,” said Arvind Ramamurthy, Director of Market Development at ADGM. “Their decision to establish their first overseas office here highlights the UAE’s leadership in fostering innovation and advancing blockchain technologies. The ADGM ecosystem is designed to support cutting-edge companies like Aptos Foundation as they collaborate with visionary developers, institutions and investors to shape the future of Web3. “We look forward to the contributions they will make to our vibrant community and the broader region.”
This expansion is a continuation of Aptos Foundation’s commitment to working with local stakeholders and playing an active role in accelerating blockchain adoption across the region.
About Aptos Foundation
Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with perfect usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. For more information about Fundación Aptos and its initiatives, users can visit: www.aptosfoundation.org
Contact
Communications Leader
Hannah Noyes
Aptos Labs
[email protected]
