Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the United Arab Emirates (UAE) to develop deposit token-based tech. The company, which takes advantage of the Nextgen FDI growth program, will open operations in Abu Dhabi, planning to grow its headcount to over 100 jobs.
Fluent Finance to Develop Stablecoin and Deposit Token Tech in UAE
Fluent Finance, a Delaware-based startup founded in 2020 that designs banking and Web3 interconnection solutions, has announced it is landing in the United Arab Emirates (UAE) under the Nextgen FDI program, an initiative that provides digital businesses with the tools necessary to launch operations and scale from UAE soil.
The startup, which announced this move in July, plans to launch its interconnection solution, dubbed the Fluent Economic Bridge, from UAE territory to get feedback from banks and regulators in the region. The Fluent Economic Bridge aims to facili
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