TLDR:
- EmCoin becomes first SCA-regulated virtual asset platform in UAE to partner with major global exchange.
- Integration will provide EmCoin users access to wider cryptocurrency selection with tighter spreads and better execution.
- Partnership explores real-world asset tokenization using Cronos EVM chain technology under regulatory framework.
- Collaboration strengthens UAE’s position as emerging global hub for regulated digital finance and innovation.
Crypto.com has entered a strategic partnership with EmCoin, the UAE’s first Securities and Commodities Authority-licensed virtual asset trading platform. The collaboration aims to improve liquidity and expand trading capabilities for UAE users.
Both companies signed a Memorandum of Understanding to explore integration opportunities that could transform the digital asset landscape in the region.
Enhanced Trading Infrastructure and Liquidity Solutions
The partnership between Crypto.com and EmCoin centers on integrating institutional-grade solutions to strengthen the trading experience.
EmCoin users will potentially gain access to improved trade execution through Crypto.com’s global liquidity infrastructure.
This integration could enable traders to access a broader range of cryptocurrencies while benefiting from tighter spreads on their transactions.
Subject to regulatory approvals, the collaboration will leverage Crypto.com’s extensive network and technical capabilities.
The partnership seeks to simplify how users interact with digital assets while maintaining compliance with relevant regulatory frameworks.
EmCoin’s platform will potentially incorporate Crypto.com’s technology to support larger trade volumes and enhance overall market efficiency.
The companies announced their collaboration through social media channels, with Crypto.com sharing the news on their official Twitter account.
The announcement highlighted EmCoin’s status as the first SCA-regulated virtual asset platform in the UAE.
This regulatory foundation provides a secure environment for the planned integrations and service enhancements.
Real-World Asset Tokenization and Regional Growth
Beyond trading enhancements, Crypto.com will explore supporting EmCoin’s real-world asset tokenization initiatives.
The company plans to apply its technologies alongside strategic partners, including the Cronos EVM chain. These efforts align with regulatory requirements while expanding the scope of digital asset applications in the region.
Yasin Arafat, Chief Operations Officer of EmCoin, explained the partnership’s focus on accessibility and security. “Our focus is on making digital asset holdings easier to access, manage, and move without compromising on security and user protection,” Arafat stated.
He added that partnering with Crypto.com combines expertise and enhanced liquidity to support large trade volumes across the platform.
Eric Anziani, President and Chief Operating Officer of Crypto.com, highlighted the company’s commitment to regulated environments. “We’re looking forward to seeing how our industry-leading products and deep liquidity can advance the EmCoin user experience,” Anziani noted.
He emphasized that making digital asset interaction easier in regulated settings remains core to reaching one billion cryptocurrency users worldwide.
The collaboration reflects the UAE’s position as an emerging hub for regulated digital finance. Alain Yacine, President of Middle East and Latin America for Crypto.com, stressed the importance of regional partnerships.
“Collaborating with ground-breaking innovators, like EmCoin, is key to advancing digital asset adoption in the region,” Yacine remarked.
Both organizations prioritize security, regulatory alignment, and user confidence throughout the implementation process.
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Source: https://blockonomi.com/crypto-com-partners-with-emcoin-to-enhance-digital-asset-trading-in-uae/