Chainwire, Palo Alto, USA, December 11, 2024
UAE offers gateway to innovative high-growth developers, institutions and investors
Aptos Foundation, a global blockchain leader dedicated to supporting Aptos ecosystem and Web3 development around the world, announces the opening of a new office in ADGM, a major international financial center in Abu Dhabi I'm proud to be able to do this. This strategic expansion marks a significant milestone in Aptos Foundation's mission to build a robust global blockchain ecosystem.
The Abu Dhabi office will serve as the hub of Aptos Foundation's activities in the region, with a focus on fostering partnerships and supporting projects aimed at growing the Aptos ecosystem.
The decision to locate in Abu Dhabi reflects the UAE's position as one of the world's most advanced markets in terms of blockchain and Web3 adoption. The UAE has cultivated an environment that attracts forward-thinking institutions and builders, supported by government policies that actively promote the Web3 initiative. By beginning operations at ADGM, the Aptos Foundation will engage directly with these forward-thinking builders and institutions, creating new opportunities to collaboratively expand the Aptos ecosystem.
“The UAE is strongly leaning towards Web3, which makes the region, and Abu Dhabi in particular, the clear leader in global blockchain,” said Bashar Lazar, Head of Growth and Ecosystems at Aptos Foundation. “We want to be at the forefront of that movement and help you grow as quickly as possible. We offer a unique opportunity to learn and connect in the field,” said Arvind (NS:) Ramamurthy, Chief Market Development Officer, ADGM. “Their decision to establish their first foreign office here highlights the UAE’s leadership in fostering innovation and advancing blockchain technology. Designed to help businesses shape the future of Web3 in collaboration with forward-thinking developers, institutions and investors in our vibrant community and the wider region. I look forward to contributing.”
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 the Aptos Foundation
The Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem, and promoting collaboration with the Aptos ecosystem. Aptos Foundation aims to bring the benefits of decentralization to the masses by unlocking blockchain with seamless ease of use. For more information about the Aptos Foundation and its work, please visit www.aptosfoundation.org.
Contact Communications Lead Hannah NoyesAptos Labshannah@aptoslabs.com
This article was originally published on Chainwire
