Ibanera partners with RAK DAO for UAE foray
December 13, 2024
Web 3.0

Ibanera partners with RAK DAO for UAE foray

Dynamic Web3 ecosystem in focus

Ibanera, a prominent US-based fintech platform, has partnered with RAK Digital Assets Oasis (RAK DAO), a free zone dedicated to digital assets and Web3 innovation.

The strategic collaboration will leverage RAK DAO’s extensive network to boost Ibanera’s presence in the UAE’s growing digital asset market.

Ibanera is an API-driven fintech enablement platform with a robust compliance engine and integrated cross-border payments network that supports businesses and financial institutions with full Web2 and Web3 interoperability.

The partnership will enable Ibanera to deploy its unique API and other solutions within RAK DAO’s dynamic Web3 ecosystem, offering services from NFT tokenisation to digital asset management.

The collaboration also underscores Ras Al Khaimah’s role as a growing hub for fintech innovation and global business expansion.

Dr Sameer Al Ansari, CEO of RAK DAO, hailed the partnership as a significant milestone. “RAK DAO’s mission is to support future-driven companies, and Ibanera’s entry aligns with our goal of fostering innovation and next-generation banking technologies. This partnership enhances our ecosystem by integrating advanced financial services.”

Michael Carbonara, CEO of Ibanera, expressed enthusiasm about the expansion. “Joining RAK DAO’s network represents a key opportunity for growth. Ras Al Khaimah’s progressive policies and business-friendly infrastructure are ideal for our strategic objectives.”

Oasis Pro partnership

Ibanera has also partnered with Oasis Pro to incorporate a robust tokenised securities solution into its platform, significantly advancing its digital asset trading capabilities. This collaboration is set to drive fintech innovation, emphasising tokenisation and secure digital securities trading.

By integrating Oasis Pro’s state-of-the-art tokenised securities solutions, Ibanera is enhancing its Web3 ecosystem. This partnership promises to deliver a transformative experience featuring advanced tools such as a primary offering marketplace, multi-asset trading, and comprehensive tokenisation solutions.

Based in New York, US, Oasis Pro is a global fintech infrastructure provider for real-world assets and digital securities. Leveraging Wall Street and blockchain expertise, It provides an end-to-end solution that guides traditional financial institutions and sophisticated investors in the evolution of alternative asset investing.

Featured image: Ibanera offers services from NFT tokenisation to digital asset management. Credit: Andrey Metelev

News Desk 2

News Desk 2 produces the latest news for the Middle East region, with a key focus on the six GCC nations: UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman. News Desk 2: press@menews247.com
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