TLDR
- EmCoin signed an MoU with Crypto.com to enhance user access to digital assets and trading tools.
- The collaboration aims to integrate Crypto.com’s liquidity to offer tighter spreads and better execution.
- Both firms will ensure all integrations and features align with the UAE’s financial regulations.
- The partners will explore tokenizing real-world assets using technologies like the Cronos EVM chain.
- While the roadmap is under development, the companies have not announced a launch date for new features.
Emirates Coin Investment LLC (EmCoin), the UAE’s first SCA-licensed virtual asset platform, has signed a Memorandum of Understanding with Crypto.com to improve user access to global digital asset markets, enhance trading features, and explore tokenization of real-world assets.
Agreement Targets Better Access and Execution for EmCoin Users
EmCoin and Crypto.com will collaborate on platform integrations to improve trading conditions and user experience for digital asset transactions. The companies plan to enable access to more cryptocurrencies with tighter spreads while maintaining regulatory compliance across all features. By using Crypto.com’s global liquidity and infrastructure, EmCoin intends to support faster trade execution for its users.
Both parties will prioritize technological enhancements that align with the UAE’s financial regulations. The focus is on building compliant tools that ensure safe and seamless transactions for EmCoin users. EmCoin’s COO Yasin Arafat stated, “Our focus is on making digital asset holdings easier to access, manage, and move.” He added that Crypto.com’s support would improve the platform’s liquidity to support large trade volumes and enhance execution.
Crypto.com’s President and COO, Eric Anziani, said, “We’re looking forward to seeing how our industry-leading products and deep liquidity can advance the EmCoin user experience.” Both companies plan to finalize the integration roadmap after completing all necessary regulatory checks. They also confirmed plans to introduce more user-friendly trading services across supported assets.
Partnership Explores Tokenization of Real-World Assets
Crypto.com and EmCoin also aim to explore tokenization options for real-world assets using blockchain technology within regulatory limits. The companies may apply Crypto.com’s infrastructure and strategic partner technologies, including Cronos EVM chain, to develop tokenized products. The initiative will remain compliant with SCA guidelines and regional licensing standards.
Both platforms have agreed to evaluate possible use cases based on investor demand and operational feasibility. This includes digital representations of assets that can be traded securely within the EmCoin ecosystem. Crypto.com’s Alain Yacine said, “Collaborating with innovators like EmCoin is key to advancing digital asset adoption in the region.”
Alain Yacine emphasized that shared expertise would help streamline how users engage with virtual assets in a trusted environment. The MoU reflects ongoing efforts by both firms to support the UAE’s ambitions in the regulated digital finance space. Each phase of the collaboration will be evaluated against compliance benchmarks and operational goals. The firms have not yet disclosed a launch timeline for the tokenization pilot or trading enhancements.
The post EmCoin Signs MoU with Crypto.com to Expand Digital Asset Access for UAE Users appeared first on Blockonomi.